Tata Consultancy Services (TCS) reported consolidated net profit of ₹13,884 crore for Q2 FY2026-27, up 14.9% year over year, and declared a dividend of ₹12 per share. The quarter ended September 30, 2026; TCS announced the results on October 8. The dividend record date is October 14, 2026, and the payment date is October 30, according to the company’s Q2 results release. INR headline figures are reported by Business Standard.
What TCS reported for Q2 FY2026-27
Business Standard reported consolidated revenue of ₹73,188 crore, up 11.2% from ₹65,799 crore a year earlier, and net profit of ₹13,884 crore, up from ₹12,075 crore. The profit increase is 14.9% year over year, commonly rounded to 15%.
TCS’s official release presents the headline figures in US dollars: revenue of US$7.642 billion and net profit of US$1.450 billion. It also reports a 19.0% net margin and a 24.0% operating margin. These are the company’s USD-presented figures; they should not be confused with the INR figures reported by Business Standard.
| Measure | Q2 FY2026-27 | Comparison or basis |
|---|---|---|
| Consolidated revenue | ₹73,188 crore | Up 11.2% year over year, from ₹65,799 crore; Business Standard |
| Consolidated net profit | ₹13,884 crore | Up 14.9% year over year, from ₹12,075 crore; Business Standard |
| Revenue | US$7.642 billion | TCS official release presentation |
| Net profit and net margin | US$1.450 billion; 19.0% | TCS official release presentation |
| Operating margin | 24.0% | TCS official release |
How to read the growth figures
The 11.2% revenue increase and 14.9% profit increase compare Q2 with the same quarter a year earlier. They are not sequential growth rates. Separately, TCS reported that revenue grew 0.5% quarter over quarter in constant currency. Constant-currency growth adjusts for exchange-rate movements, so it is a different comparison from reported INR revenue growth.
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The company’s operating performance was not uniform across segments and regions. In constant currency, BFSI revenue grew 2.5% sequentially; Manufacturing and Technology & Services each grew 3.1%. Consumer Business declined 0.7% and Energy, Resources and Utilities declined 0.5%. By geography, North America grew 0.4% sequentially, while India declined 10.3%.
AI revenue, deal wins and announced partnerships
TCS said annualized AI revenue reached US$3.1 billion in Q2 FY27 and reported Q2 total contract value of US$9.6 billion. Annualized AI revenue is a company-reported run-rate metric, not a separate quarterly revenue figure.
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The company also announced a five-year strategic partnership with Porsche AG, including a proposed acquisition of Porsche’s Germany-based management and IT consulting subsidiary MHP, subject to regulatory approvals. Separately, TCS agreed to transition Best Buy’s India Global Capability Center to TCS and transform it into an AI Capability Center. These announcements describe business developments; the results release 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.Q2 dividend: amount and dates
The TCS board declared a dividend of ₹12 per share for Q2 FY2026-27. The company states October 14, 2026 as the record date and October 30, 2026 as the payment date in its results announcement.
TCS’s dividend history also lists a ₹12 interim dividend for Q1 FY2026-27, with July dates. That was a separate earlier-quarter dividend; the October record and payment dates above belong to the Q2 announcement.
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