Report
TCS posts Q2 results with annualized AI revenue hitting $3.1 billion
CNBC-TV18 reported TCS shares rose nearly 6% intraday; Moneycontrol described an IT rally despite US visa curbs.
TLDR
TCS posted Q2 FY27 results with net profit up 15% YoY to ₹13,884 crore and revenue up 11% YoY to ₹73,188 crore, with annualized AI revenue hitting $3.1 billion. The company declared a ₹12 per share interim dividend and recorded deal wins with approximately $9.6 billion in total contract value. CNBC-TV18 reported TCS shares were up nearly 6% intraday after the results; Moneycontrol described an IT rally despite US visa curbs.
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