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TCS Shares Surge 5 Percent Following Strong Q2 Earnings Report
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News18•09-10-2026, 10:30
TCS Shares Surge 5 Percent Following Strong Q2 Earnings Report
- •Tata Consultancy Services shares jumped over 5 percent following a 15 percent increase in net profit to Rs 13,884 crore for the second quarter.
- •The company's market valuation surged by Rs 36,452.23 crore to reach Rs 7,88,670.72 crore during morning trade.
- •Revenue from operations rose 11.22 percent to Rs 73,188 crore for the July-September period compared to the previous year.
- •Chief Executive K Krithivasan expressed confidence in continued growth momentum driven by robust deal signings and a strong pipeline.
- •TCS stated that recent US actions regarding the green card program are not expected to impact its workforce strategy or customer engagements.
Key Questions Answered
TCS reported a 15 per cent jump in net profit to Rs 13,884 crore for the July-September period. Its revenue from operations rose 11.22 per cent to Rs 73,188 crore compared to the year-ago period.
TCS shares surged over 5 per cent, climbing to Rs 2,181.30 on the BSE and Rs 2,180 on the NSE. During morning trade, the company's market valuation surged by Rs 36,452.23 crore to reach Rs 7,88,670.72 crore.
Artificial intelligence accounted for about 10 per cent of TCS's overall revenue, with the company increasing its annualised revenue in the sector to USD 3.1 billion from USD 2.6 billion in the previous quarter.
