India's largest IT company, Tata Consultancy Services (TCS), on Thursday reported a consolidated net profit of ₹12,075 crore for the second quarter of financial year 2025-26 (Q2 FY26), marking a marginal increase of 1.4 per cent from ₹11,909 crore in the same quarter last year.
On sequential basis, the profit fell around 5.4 per cent from ₹12,760 crore.
TCS' revenue from operations stood at ₹65,799 crore, up 2.4 per cent year-on-year (Y-o-Y) from ₹64,259 crore. Sequentially, revenue rose 3.7 per cent from ₹63,437 crore.
Revenue in its largest market, North America, declined by 0.1 per cent, while the United Kingdom fell 1.9 per cent and Continental Europe dropped 3 per cent. Revenue from the Asia-Pacific region, however, grew by 2 per cent.
AI driven growth
"We are on a journey to become the world’s largest AI-led technology services company. Our journey is anchored in bold transformation across talent, infrastructure, ecosystem partnerships and customer value. The investments, including the building of a world-class AI infrastructure business demonstrate our commitment to this transformation," said K Krithivasan, chief executive officer (CEO) and managing director at TCS.
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Adding to this, Executive Director - President, and Chief Operating Officer (COO) Aarthi Subramanian said that the growth momentum was driven by Data, Cloud, and AI-powered enterprise transformation.
"Our customer engagements are focused on rapid value realization to deliver speed, efficiency and growth. TCS' AI Hackathon set a new benchmark – is the largest, most diverse and innovative AI-first culture building initiative. Our new AI and Services Transformation unit will further scale and integrate our efforts," she added
Segment-wise, the company recorded 2.8 per cent growth in the Technology & Services, 1 per cent in BFSI, and 0.2 per cent in Energy, Resources, and Utilities.
Dividend declared
The board of directors of the IT major also declared an interim dividend of ₹11 per share. This is TCS’ second interim dividend for the financial year, which will be paid on November 4, 2025. The record date for shareholders has been set at October 15.
Shares of TCS closed at ₹3061.95 apiece on the BSE on Thursday.
