Tata Consultancy Services532540Information technology services
TCS stock rallied about 4% after an in-line Q2 earnings report, with strong AI revenue growth and continued headcount additions
- Stock gain today
- 4 percent
- AI revenue growth
- 19.0 percent
- AI revenue share
- 10 percent of overall revenue
- Headcount addition this quarter
- 4,200 employees
- Headcount addition last quarter
- 9,000 employees
Heard on business television between 12:09:59 - 12:12:59 IST.
- Reporter Jasmeet said TCS numbers came in line with estimates with a slight miss on margins, but no negative surprise, which was seen as a key positive.
- Annualized AI revenue grew nearly 19% this quarter and now forms about 10% of overall revenue, marking four consecutive quarters of double-digit growth.
- Headcount addition of about 4,200 employees this quarter (versus about 9,000 last quarter) was cited as a sign of forward revenue visibility and ramping work.
- Stock was noted to be trading with gains of about 4%, though off its day's high.
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Source: Live TV News Channel · 9 Oct 2026
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