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1Scan for outdated or missing drivers - takes under a minute2Clear out junk files and repair common Windows errors3Fix the driver behind crashes, sound loss and screen glitchesTata Consultancy Services (TCS) reported consolidated net profit of ₹13,884 crore for Q2 FY2026-27, up 14.9% year over year, and revenue of ₹73,188 crore, up 11.2%, according to Business Standard. The quarter ended September 30, 2026, and TCS announced the results on October 8. The company declared a ₹12-per-share dividend, with October 14 as the record date and October 30 as the payment date.
What TCS reported for Q2 FY2026-27
The quarter ran from July 1 to September 30, 2026. TCS published its results on October 8. Business Standard reported the consolidated rupee figures below; TCS’s official release presented headline revenue and net profit in US dollars.
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| Measure | Q2 FY2026-27 figure | Comparison or basis |
|---|---|---|
| Consolidated net profit | ₹13,884 crore | Up 14.9% year over year, from ₹12,075 crore; Business Standard |
| Revenue | ₹73,188 crore | Up 11.2% year over year, from ₹65,799 crore; Business Standard |
| Revenue | US$7.642 billion | TCS official release’s USD presentation |
| Net profit | US$1.450 billion | TCS official release’s USD presentation; net margin was 19.0% |
| Operating margin | 24.0% | TCS official release |
| Revenue growth | 0.5% | Quarter over quarter, in constant currency; TCS official release |
| Total contract value | US$9.6 billion | Q2 total contract value, according to TCS |
The rupee and dollar figures are two reported currency presentations, not separate growth claims. The 14.9% profit increase and 11.2% revenue increase are year-over-year comparisons in Business Standard’s report; the 0.5% figure measures sequential revenue growth in constant currency, as stated by TCS.
How to read the growth and margin figures
The year-over-year figures compare Q2 FY2026-27 with the same quarter a year earlier. The constant-currency figure instead compares revenue with the immediately preceding quarter while adjusting for currency movements. It should not be treated as another year-over-year growth rate. The 24.0% operating margin is a profitability measure, not a revenue-growth rate.
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Growth varied across businesses and regions. TCS reported quarter-over-quarter constant-currency growth of 2.5% in BFSI and 3.1% each in Manufacturing and Technology & Services. Consumer Business declined 0.7%, while Energy, Resources and Utilities declined 0.5%. By region, North America grew 0.4% sequentially in constant currency and India declined 10.3%.
Q2 dividend: amount and dates
TCS declared a dividend of ₹12 per share for Q2 FY2026-27. The company’s official results release gives October 14, 2026 as the record date and October 30, 2026 as the payment date. The record date is the date used to determine eligible shareholders; investors should consult the company’s official announcement and their broker or depository records for account-specific details.
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TCS also recorded a ₹12 interim dividend for Q1 FY2026-27 on its dividend-history page, with separate July dates. That earlier quarter’s dividend is distinct from the Q2 declaration and its October dates.
Business developments announced alongside the results
TCS announced a five-year strategic partnership with Porsche AG that includes a proposed acquisition of Porsche’s Germany-based management and IT consulting subsidiary MHP, subject to regulatory approvals. It also announced an agreement to transition Best Buy’s India Global Capability Center to TCS and transform it into an AI Capability Center. These are business announcements accompanying the results; the announcement alone does not establish that either deal caused the quarter’s financial performance.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What TCS said about AI and demand
TCS reported annualized AI revenue of US$3.1 billion in Q2 FY27. This is an annualized revenue measure, not the amount of AI revenue earned during the quarter. CEO and Managing Director K Krithivasan described growth as broad-based across international markets and most industry segments, and characterized the Porsche and Best Buy announcements as transformation partnerships. COO Aarthi Subramanian said AI momentum remained strong and highlighted demand for AI-native solutions, AI-led enterprise transformation and autonomous global business services.
CFO Samir Seksaria said the company continued investing in capabilities through acquisitions, partnerships and specialist talent, and cited cash conversion and profitability. These are management’s characterizations of performance and strategy, rather than independent forecasts of future results.
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Sources
- TCS Q2 FY2026-27 results release (October 8, 2026), for the company’s USD figures, operating metrics, dividend dates, business announcements and management comments.
- Business Standard’s results report, for the consolidated rupee profit and revenue figures and their year-over-year comparisons.
- TCS dividend history, for the separate Q1 FY2026-27 dividend record.
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