Q2 FY27 results: revenue ₹73,188 crore, net profit ₹13,884 crore, dividend ₹12 per share
TCS Q2 FY27: revenue ₹73,188 crore (up 1.3% QoQ, 11.2% YoY), net profit ₹13,884 crore, operating margin 24.0%, TCV US$ 9.6 billion.
- Revenue
- ₹73,188 crore (up 1.3% QoQ, 11.2% YoY)
- Net Profit
- ₹13,884 crore
- Dividend
- ₹12 per share
What was reported
Tata Consultancy Services announced its consolidated financial results for the quarter ended September 30, 2026, prepared under both Ind AS and IFRS, in a press release that also covers strategic deal wins, new AI facilities, patent activity and awards.
The quarter in numbers
- Revenue: ₹73,188 crore, up 1.3% QoQ and 11.2% YoY in INR terms
- Net profit: ₹13,884 crore
- Operating margin: 24.0%
- Total Contract Value (TCV) for the quarter: US$ 9.6 billion
- Annualised AI revenue: US$ 3.1 billion
- Dividend: ₹12 per share, with record date 14-Oct-2026 and payment date 30-Oct-2026
In simple terms: revenue is total sales, net profit is what is left after all costs and taxes, operating margin is operating profit as a share of revenue, and TCV is the total value of contracts won during the quarter.
Deal wins announced
- Porsche AG: a strategic partnership under which TCS will establish a dedicated AI Mobility Centre of Excellence for Porsche, covering manufacturing, engineering, operations and customer experience; through its subsidiary, TCS will acquire MHP Management- und IT-Beratung GmbH, Porsche's Germany-based management and IT consulting subsidiary. The proposed partnership and acquisition remain subject to regulatory approvals.
- Best Buy: an agreement to transition Best Buy's Global Capability Center (GCC) in India to TCS and transform it into an AI Capability Center (AICC), using the GCC's retail and enterprise knowledge along with TCS's technology, engineering, AI and delivery capabilities.
- Honeywell Technologies: TCS selected as its global end-to-end SAP S/4HANA business transformation partner.
- Aareal Bank: a long-term strategic partnership for end-to-end support of its infrastructure landscape, including data centre operations, cloud platforms, workplace services, cybersecurity and infrastructure management.
- Vodafone Business, the enterprise arm of VodafoneThree: a strategic partnership to help customers modernise technology and accelerate digital adoption.
- Dubai Gold & Commodities Exchange (DGCX): a partnership to modernise and future-proof its market infrastructure with a next-generation integrated trading, clearing and surveillance solution.
New labs, studios and AI centres
- TCS Industrial Autonomy & Engineering Lab Lights-Out Factory at the Sahyadri Park campus in Pune
- TCS Autonomous Engineering Lab Powered by NVIDIA at the Global Axis campus in Bengaluru
- Gemini Experience Center with Google Cloud in Mexico City, TCS's second in Latin America, and a Consumer Business Group Gemini Experience Center in Kolkata
- An AI-native TCS Interactive Creative Engineering Studio in London
- TCS ADD AgentHub, a role-based AI platform for drug development
- Custom System-on-Chip (SoC) Design Services for automotive OEMs and semiconductor ecosystem companies
Financial statements
The release carries Ind AS and IFRS consolidated statements, showing the three-month periods ended Sep 30, 2025, June 30, 2026 and Sep 30, 2026, and consolidated balance sheets as at March 31, 2026 and Sep 30, 2026.
How to read it
- The release combines quarterly results with announcements of partnerships, new centres, patent activity and awards.
- The Porsche partnership and the MHP acquisition are described as proposed and subject to regulatory approvals.
- The customer and partner quotes in the release are statements made by those companies, not financial disclosures.
Also from Tata Consultancy Services
TCS Q2 results analysed: margins flat at 24%, missing expectations despite healthy deal wins and AI revenue growth
8 Oct 2026
TCS met expectations with Q2 numbers, profit rose 4%, margins flat at 24.x%, AI revenue crossed 10% of total revenue, and headcount rose for a third straight quarter
8 Oct 2026
TCS reported Q2 results with 0.5% QoQ constant currency revenue growth, international revenue up 1.2% while India revenue fell 10%, and margins flat at 24%
8 Oct 2026
More numbers
- Q2 revenue₹73,188 crore
- Q2 revenue growth QoQ+1.3%
- Q2 revenue growth YoY (INR)+11.2%
- Net profit₹13,884 crore
- Operating margin24.0%
- Q2 Total Contract Value (TCV)US$ 9.6 billion
- Annualised AI revenueUS$ 3.1 billion
- Dividend per share₹12 per share
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