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TCS Q2 Net Profit Rises 4% to Rs 13,884 Crore

TCS Q2 Net Profit Rises 4% to Rs 13,884 Crore
TCS Q2 net profit jumps 4 pc to Rs 13,884 crore in FY27 · thehansindia.com

TCS shared how its business did in the second quarter of FY27.

It made Rs 13,884 crore in net profit, which was 4% more than in the previous quarter.

Its revenue also increased slightly, to Rs 73,188 crore.

The company had 598,056 employees at the end of September.

Its board announced a dividend of Rs 12 for each eligible share.

TCS’s chief executive said business grew across international markets and most industries.

He also mentioned new deals with Porsche and Best Buy involving transformation partnerships and AI.

Despite the quarterly results, TCS shares ended lower on Thursday.

Key facts

Net profit
Rs 13,884 crore, up 4% sequentially from Rs 13,349 crore in the June quarter.
June-quarter exceptional loss
Rs 668 crore related to a legal claim settlement.
Revenue from operations
Rs 73,188 crore, up 1.3% quarter-on-quarter from Rs 72,275 crore.
Workforce
598,056 as of September 30.
IT Services LTM attrition
13.3%.
Second interim dividend
Rs 12 per equity share of Re 1 each; payable by October to shareholders on record as of October 14.
Share price
Closed 0.42% lower at Rs 2,075.25 on the BSE on Thursday.
Share performance
About 8% lower over the last month, down 35.7% year to date, and down over 30% over one year.

Quotes

K Krithivasan

TCS CEO and Managing Director

“We are pleased with the broad-based growth in all our international markets and most industry segments.”
thehansindia.com

Sources

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