StockWatch
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TATA CONSULTANCY SERVICES LTD. Q2 FY26 Results

TCSQ2 FY26 Results
Filing
MetricValue ( Cr)Q1 FY26Q2 FY25
Revenue65.8K3.7%2.4%
Total Income66.7K2.4%2.6%
Expenditure49.5K2.8%1.0%
PBT16.1K5.4%0.2%
Net Profit12.1K5.4%1.5%
OPM25.60%1.00pp
NPM18.20%1.49pp
EPS33.375.4%914.3%
View full financials

TCS Sets Course to Become the World’s Largest Al-led Technology Services Company

10 Oct 2025 · 10 Oct 2025, 12:53 am

Summary

Tata Consultancy Services (TCS) reported its Q2 performance for the year ending September 30, 2025. The company announced strategic investments, new business entities, and acquisitions, aiming to become the world’s largest Al-led technology services company.

Key Highlights

  1. 1

    Revenue at ₹ 65,799 crore, up 3.7% QoQ

  2. 2

    International Revenue grows 0.6% QoQ in Constant Currency

  3. 3

    Broad-based growth across verticals

  4. 4

    Operating Margin at 25.2%; an expansion of 70 bps QoQ

  5. 5

    Net Income at ₹ 312,904 crore, +8.4% YoY

  6. 6

    Q2 Total Contract Value (TCV): US$10 billion

  7. 7

    Dividend per share: ¥ 11

  8. 8

    Expanded strategic partnership with Tryg

  9. 9

    A leading global healthcare company significantly expanding its strategic partnership with TCS

  10. 10

    ALDI SOUTH extends its strategic partnership with TCS

  11. 11

    Expanded collaboration with Weatherford International

  12. 12

    Partnered with NOW Corporation’s telecom arm

  13. 13

    Launched a new Al-driven operations center in Mexico City

  14. 14

    Selected by Kesko as its strategic IT partner

  15. 15

    Enabled ICICI Lombard to achieve fully automated AWS multi-region Disaster Recovery (DR) switchover

  16. 16

    Announced a partnership with Unilab, Inc.

  17. 17

    Announced a multi-year partnership with ARN Media

  18. 18

    Announced the launch of Chiplet-based System Engineering Services

  19. 19

    Selected by a leading Australian bank to transform its Mortgage and Institutional Banking back-office operations

Management Comments

K

K Krithivasan

Chief Executive Officer and Managing Director

I am pleased with our strong Q2 performance. We are on a journey to become the world’s largest Al-led technology services company. Our journey is anchored in bold transformation across talent, infrastructure, ecosystem partnerships and customer value.

A

Aarthi Subramanian

Executive Director - President and Chief Operating Officer

We delivered strong growth momentum led by Data, Cloud and Al powered enterprise transformation. Our customer engagements are focused on rapid value realization to deliver speed, efficiency and growth. TCS' Al Hackathon set a new benchmark — is the largest, most diverse and innovative Al-first culture building initiative. Our new Al and Services Transformation unit will further scale and integrate our efforts.

S

Samir Seksaria

Chief Financial Officer

We achieved good growth momentum across all verticals this quarter. Our disciplined execution helped us expand our margins while making strategic investments. We have prioritized wage hikes, building future-ready capabilities and establishing new ecosystem partnerships. Looking ahead, our financial resilience and robust balance sheet will support both internal transformation initiatives and external investments aligned with our aspiration.

S

Sudeep Kunnumal

Chief HR Officer

I am honoured to take over this responsibility as we chart our path to becoming the world’s largest Al-led technology services company. I look forward to working with our employees and all stakeholders as we pursue this exciting vision.

Informational and educational content only. Not investment advice.