Tata Consultancy Services Reports 15% Profit Jump and $3.1 Billion in Annualised AI Revenue
Tata Consultancy Services (NSE:TCS) reported a 15% year-on-year increase in consolidated net profit to Rs 13,884 crore for the second quarter ending September 30, 2026. The IT services giant also posted an 11.2% year-on-year rise in quarterly revenue to Rs 73,188 crore, while declaring a second interim dividend of Rs 12 per share.
The results highlight the company's growing momentum in artificial intelligence, with annualised AI revenue crossing $3.1 billion to account for over 10% of total revenue. Additionally, TCS grew its workforce for the third consecutive quarter by adding 4,258 net employees, bringing its total headcount to 598,056, while its twelve-month IT services attrition rate improved to 13.3%.
Looking forward, the company is advancing its AI capabilities through a new NVIDIA-powered autonomous engineering lab in Bengaluru and the transition of Best Buy's Global Capability Center into an AI hub. Investors will also watch for regulatory clearance on the acquisition of Porsche AG's IT consulting subsidiary, MHP Management- und IT-Beratung GmbH, alongside the upcoming dividend payment on October 30, 2026.
Key points
- Tata Consultancy Services reported a 15% year-on-year increase in net profit to Rs 13,884 crore for the September quarter.
- Quarterly revenue grew 11.2% year-on-year to Rs 73,188 crore, while operating margins held steady at 24%.
- Annualised AI revenue surpassed $3.1 billion, representing more than 10% of the firm's total revenue.
- The company declared a second interim dividend of Rs 12 per share, payable on October 30, 2026.
- TCS added 4,258 net employees during the quarter, marking its third straight quarter of workforce growth.
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What was TCS's net profit and revenue for Q2 2026?
TCS reported a consolidated net profit of Rs 13,884 crore, up 15% year-on-year, and revenue of Rs 73,188 crore, up 11.2% year-on-year, for the quarter ended September 30, 2026.
What is the dividend amount and payment date for TCS in Q2 2026?
TCS declared a second interim dividend of Rs 12 per share. The record date is October 14, 2026, and the payment will be made on October 30, 2026.
How much did TCS's AI business contribute to its revenue?
TCS's annualised AI revenue reached $3.1 billion during the quarter, crossing 10% of the company's overall revenue.
