TCS Q2 net profit rises 15% as annualised AI revenue crosses $3 billion
publishers 22articles 124first reported 8 Oct, 11:00 UTCdeveloping since 8 Oct · 24 editions
Tata Consultancy Services reported a 15% year-on-year increase in consolidated net profit to ₹13,884 crore for the quarter ended September 30, 2026. Quarterly revenue rose 11.2% to ₹73,188 crore and increased 1.3% sequentially, while net margin was 19% and operating margin stood at 24%.
The company said annualised revenue from artificial intelligence exceeded $3.1 billion, representing more than 10% of total revenue. Total contract value during the quarter was $9.6 billion. CEO and Managing Director K. Krithivasan said growth was broad-based across international markets and most industry segments, while President and COO Aarthi Subramanian said demand continued to accelerate for AI-native solutions, AI-led enterprise transformation and autonomous global business services.
Net cash from operations reached ₹14,190 crore, equivalent to 102.2% of net income. TCS had 598,056 employees at the quarter’s end, up from 593,314 a year earlier, and IT services attrition remained at 13.3%. Employee learning hours increased 17% sequentially to 17.1 million.
The board recommended a dividend of ₹12 per share, up from ₹11 a year earlier, with payment scheduled for October 30.
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Written from 7 articles, 7 with the publisher's own text; 2 independent newsrooms once syndicated copies count as one; this version written 270 h after the record first saw the story; the editor kept it as written.
- Publishers
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- Source articles
- 124
- Given to the writer
- 7, 7 with the article's own text
- Independent newsrooms
- 2
- This version written
- 270 h after the record first saw the story
- Second model (editor)
- kept as written
- Publication gate
- passed
- Human review
- none
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