{
  "id": 12851244,
  "title": "TCS Net Profit Up 0.25% To ₹13,884 Crore In Q2 FY27, Revenue Rises To ₹73,188 Crore",
  "url": "https://urgent.news/2026/10/08/tcs-net-profit-up-0-25-to-13-884-crore-in-q2-fy27-revenue-rises-to-73",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-08T10:24:45.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/tcs-net-profit-up-025-to-13884-crore-in-q2-fy27-revenue-rises-to-73188-crore"
  },
  "original_language": "en",
  "account": "On October 8, 2026, Tata Consultancy Services (TCS) disclosed its second quarter financial results for the fiscal year 2027. The company reported a net profit of ₹13,884 crore, which represented a slight increase of 0.25% compared to the previous quarter. Revenue for the quarter rose to ₹73,188 crore, marking a 1.3% growth quarter-on-quarter and an 11.2% increase year-on-year in Indian rupee terms. Constant currency revenue growth, however, was lower at 0.5% quarter-on-quarter.\n\nThe growth was led by several key segments. The Banking, Financial Services, and Insurance (BFSI) sector grew by 2.5% quarter-on-quarter in constant currency, followed by Manufacturing and Technology & Services, both up by 3.1% quarter-on-quarter in constant currency. International revenue also increased by 1.2% quarter-on-quarter in constant currency.\n\nAI revenue surpassed US$ 3.1 billion in Q2 FY27, contributing over 10% to total revenue. The company's operating margin stood at 24.0% and net margin at 19.0%. In terms of strategic deals, TCS secured a total contract value (TCV) of US$ 9.6 billion for the quarter, which included a five-year partnership with Porsche AG and the acquisition of MHP Management- und IT-Beratung GmbH.\n\nAs of October 14, 2026, the company declared a dividend of ₹12 per share, with payments scheduled for October 30, 2026. With 598,056 employees, TCS reported a trailing twelve-month (LTM) attrition rate of 13.3% in IT Services. The company's CEO and Managing Director, K. Krithivasan, expressed satisfaction with the broad-based growth across international markets and industry segments. Executive Director - President and Chief Operating Officer, Aarthi Subramanian, highlighted the strong momentum and demand for AI-native solutions.",
  "summary": "Mumbai: Tata Consultancy Services (TCS) on October 8, 2026, announced its consolidated financial results for the quarter ended September 30, 2026, reporting a net profit of ₹13,884 crore. Financial Performance Consolidated revenue for the quarter reached ₹73,188 crore, marking a 1.3% quarter-on-quarter (QoQ) growth and an 11.2% year-on-year (YoY) increase in INR terms. In constant currency, the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}