TCS Reports Q2 Revenue at ₹73,188 Crore With ₹12 Dividend
· Business · LiveMint, Times of India, BusinessLine
Tata Consultancy Services reported its second-quarter financial results for fiscal year 2026-27, posting a net revenue of ₹73,188 crore, up 11.20% year-on-year in rupee terms and 1.3% quarter-on-quarter. The IT major announced an annualised AI-led revenue of $3.1 billion, crossing 10% of total revenue. Alongside the earnings, the company declared an interim dividend of ₹12 per share. Total contract value for the quarter stood at $9.6 billion, bolstered by a five-year strategic partnership with Porsche AG and the acquisition of MHP. Additionally, TCS reached an agreement to transition Best Buy's Global Capability Centre in India into an AI Capability Centre.
Why it matters
As India's largest IT services exporter, TCS earnings serve as a crucial bellwether for the domestic technology sector and discretionary tech spending globally.
Read the original report — LiveMint
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