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TCS Q2 Net Profit Rises 4% to Rs 13,884 Crore
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.
Tata Consultancy Services reported consolidated net profit of Rs 13,884 crore for the second quarter of FY27, up 4% sequentially.
Revenue from operations rose 1.3% quarter-on-quarter to Rs 73,188 crore.
TCS had 598,056 employees as of September 30, and IT Services LTM attrition was 13.3%.
The board declared a second interim dividend of Rs 12 per equity share, payable by October to eligible shareholders.
TCS shares closed 0.42% lower at Rs 2,075.25 on the BSE; the article reports declines of about 8% over a month and 35.7% year to date.
- Who
- Tata Consultancy Services (TCS), India's largest IT services provider, reported its results.
- What
- TCS reported second-quarter FY27 net profit of Rs 13,884 crore and revenue from operations of Rs 73,188 crore.
- Where
- India; TCS shares traded on the BSE.
- When
- Thursday; the reported quarter was the second quarter of FY27.
- Why
- The company released its quarterly results; CEO K Krithivasan cited growth in international markets and most industry segments.
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








