Stories
TCS Q2 Results Meet Estimates As AI Contributes 10% Of Topline
C
CNBC TV18•08-10-2026, 16:02
TCS Q2 Results Meet Estimates As AI Contributes 10% Of Topline
- •Tata Consultancy Services reported a net profit of ₹13,884 crore for the September quarter, showing sequential growth from the previous quarter.
- •Constant currency revenue grew by 0.5 percent, while US Dollar revenue met market estimates at $7,642 million.
- •Artificial Intelligence revenue crossed the $3 billion mark, now contributing over 10 percent to the company total topline.
- •Deal wins for the quarter reached $9.6 billion, sitting comfortably within analyst projections.
- •TCS announced a strategic partnership with Porsche alongside the acquisition of its IT consulting subsidiary MHP.
Key Questions Answered
TCS reported a sequential net profit rise to ₹13,884 crore for the September quarter, while its rupee revenue reached ₹73,188 crore with constant currency growth of 0.5% and US dollar revenue standing at $7,642 million.
TCS's annualised revenue from Artificial Intelligence crossed the $3 billion milestone during the September quarter, now contributing over 10% to the company's overall topline.
Porsche and TCS signed a five-year strategic partnership valued at €1.5 billion, under which TCS will acquire 100% of Porsche's management and IT consulting subsidiary MHP for an enterprise value of €320 million to scale its AI vertical.
