TCS Q2 results: Net profit rises 15%, declares Rs 12 interim dividend

TCS has declared a second interim dividend of Rs 12 per equity share for the financial year 2026-27.The dividend will be paid on October 30, 2026. (Photo: GettyImages)New Delhi,Oct 8, 2026 16:35 ISTTata Consultancy Services (TCS) reported a strong rise in profit for the second quarter of financial year 2026-27 (Q2 FY27), with consolidated net profit increasing 14.86% year-on-year to Rs 13,934 crore.The company had reported a net profit of Rs 12,131 crore in the same quarter last year. Revenue from operations also grew 11.22% year-on-year to Rs 73,188 crore from Rs 65,799 crore a year earlier.TCS said its annualised AI revenue stood at $3.1 billion in the second quarter, crossing the 10% mark of the company’s revenue.The IT services major reported a total contract value (TCV) of $9.6 billion during the quarter. Its operating margin stood at 24%. Net cash from operations came in at Rs 14,190 crore, which was equivalent to 102.2% of the company’s net income.TCS had a total workforce of 5,98,056 employees at the end of the quarter. The company’s trailing 12-month attrition in its IT services business stood at 13.3%.TCS DECLARES RS 12 INTERIM DIVIDEND The TCS board declared a second interim dividend of Rs 12 per equity share of face value Re 1 each for FY27.The record date for determining eligible shareholders has been fixed as October 14, 2026. The dividend will be paid on October 30, 2026.TCS CEO and Managing Director K Krithivasan said the company saw broad-based growth across its international markets and most industry segments.During the quarter, TCS announced two deals with Porsche and Best Buy. The company said these deals represent a new category of transformation partnerships focused on building repeatable value platforms and scaling the use of artificial intelligence.- Ends