TCS Q2 results: Net profit rises 15% to ₹13,884 crore, revenue up 11.2%
Tata Consultancy Services (TCS) reported a 15% increase in net profit for Q2FY27, beating analyst estimates despite modest revenue growth. The company continues to navigate global economic uncertainty and AI-led industry disruptions.
Why it matters
As India's largest IT services firm, TCS's performance serves as a key indicator for the health of the global IT outsourcing sector.
For Tata Consultancy Services (TCS), India's largest information technology (IT) services company, the second quarter of financial year 2026-27 (Q2FY27) was about maintaining steady growth amid global uncertainty and artificial intelligence (AI)-led disruptions. The company's Q2 performance beat Bloomberg analyst estimates, even though the pace of growth remained modest. TCS reported a net profit of ₹13,884 crore for Q2FY27, up 14.9 per cent year-on-year (Y-o-Y) from ₹12,075 crore in Q2FY26. Revenue for the company grew 11.2 per cent in reported terms at ₹73,188 crore for Q2FY27 compared to ₹65,799 crore a year ago. On a quarter-on-quarter (Q-o-Q) basis, net profit was up 4 per cent. Sequentially, the firm's revenue was up 1.3 per cent. In constant currency, revenue was up marginally by 0.5 per cent. The company's performance beat Bloomberg estimates on revenue growth and profit.
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