Tata Consultancy Services (TCS), a leading global IT services, consulting, and business solutions organisation, has announced its consolidated financial results for the second quarter ending September 30, 2026. The company reported a revenue of ₹73,188 crore, marking a 1.3% growth quarter-on-quarter and an 11.2% increase year-on-year in Indian Rupees. The international revenue showed a 1.2% growth in constant currency terms, driven by key sectors such as BFSI, manufacturing, and technology services.
In a significant development, TCS has entered into a five-year strategic partnership with Porsche AG, which includes the acquisition of MHP, Porsche’s Germany-based management and IT consulting subsidiary. Additionally, TCS has agreed to transition Best Buy’s Global Capability Center in India into an AI Capability Center, highlighting the company’s focus on AI-driven transformation. These strategic wins are expected to enhance TCS’s capabilities in delivering innovative solutions and expanding its global footprint.
The quarter also saw TCS achieving an annualised AI revenue of US$ 3.1 billion, which now accounts for over 10% of its total revenue. The total contract value for the quarter stood at US$ 9.6 billion, with an operating margin of 24.0% and a net profit of ₹13,884 crore, reflecting a net margin of 19.0%. The company maintained strong cash flow, with net cash from operations at ₹14,190 crore, representing 102.2% of net income. TCS also declared a dividend of ₹12 per share, with a record date of October 14, 2026, and a payment date of October 30, 2026.
TCS’s Chief Executive Officer and Managing Director, K Krithivasan, expressed satisfaction with the broad-based growth across international markets and industry segments. The company’s focus on AI and digital transformation is evident in its strategic partnerships and investments in niche talent and capabilities. Analysts note that TCS’s robust performance and strategic initiatives position it well to capitalise on emerging opportunities in the digital and AI domains, further strengthening its market leadership.
