TCS Q2 Results: IT services giant Tata Consultancy Services (TCS) saw its share price climb almost 5% on Friday, October 9, after reporting a 15% year-on-year (YoY) increase in consolidated net profit for the July-September quarter of FY27. The company posted a net profit of ₹13,884 crore, up from ₹12,075 crore in the corresponding quarter last year.
The company's board also announced a second interim dividend of ₹12 per share for the financial year 2026-27.
TCS reported revenue from operations of ₹73,188 crore for the quarter, marking an 11% rise from ₹65,799 crore recorded in the year-ago period.
On a constant currency basis, revenue grew 0.5% sequentially. The IT major reported an operating margin of 24% and a net margin of 19% during the quarter.
The stock rose as much as 4.7% to day's high of ₹2,173.55 per share on BSE.