TCS Q1 FY27 Revenue ₹72,275 Cr, AI Deals Boost Growth

Tata Consultancy Services (TCS) reported its Q1 FY27 results with revenue reaching ₹72,275 crore, a 2.2% increase quarter-on-quarter and 13.9% year-on-year. The company secured significant AI transformation deals, including an $800 million contract with SKF, and saw its annualized AI revenue hit $2.6 billion. Operating margin stood at 24.0%, with net income at ₹13,849 crore. The Total Contract Value (TCV) for the quarter was $9.5 billion. TCS also announced a dividend of ₹12 per share. The results reflect continued growth momentum despite macro-economic headwinds, with strong performance in key sectors like BFSI and Manufacturing.