BSECompany Update6d ago · 8 Oct 2026, 03:45 pm
Press release dated October 8, 2026
Tata Consultancy Services Ltd · 532540
✦ AI Summary▲ PositiveResults
Tata Consultancy Services Ltd reported its consolidated financial results for the quarter ending September 30, 2026, with revenue at ₹73,188 crore, growth +1.3% QoQ, +11.2% YoY in INR, and +0.5% QoQ in CC. The company announced strategic deal wins, including a five-year partnership with Porsche AG and the acquisition of MHP, Porsche’s Germany-based management and IT consulting subsidiary.
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Tata Consultancy Services Ltd - 532540 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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TCS/BM/101/SE/2026-27
October 8, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G, Bandra Kurla P. J. Towers,
Complex, Bandra (East) Dalal Street,
Mumbai - 400051 Mumbai - 400001
Symbol - TCS Scrip Code No. 532540
Dear Sirs,
Sub: Press Release
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we are enclosing herewith a copy of a Press Release which will be
disseminated shortly. The Press Release is self-explanatory.
The above information is also available on the website of the Company: www.tcs.com
Thanking you,
Yours faithfully,
For Tata Consultancy Services Limited
Yashaswin Sheth
Company Secretary
ACS 15388
Encl: As above
9th Floor Nirmal Building Nariman Point Mumbai 400 021
Tel 91 22 6778 9595 Fax 91 22 6630 3672 e-mail corporate.office@tcs.com website www.tcs.com
Registered Office 9th Floor Nirmal Building Nariman Point Mumbai 400 021
Corporate Identity No. (CIN): L22210MH1995PLC084781
TATA
CONSULTANCY
TATA
SERVICES
Press Release
For immediate use
Ind-AS & IFRS ₹
International Growth and Strategic Wins Underpin TCS’ Q2
Announced strategic deal wins
- Five-year strategic partnership with Porsche AG and acquisition of MHP, Porsche’s Germany-based
management and IT consulting subsidiary
- Agreement to transition Best Buy’s Global Capability Center (GCC) in India to TCS, and transform into
an AI Capability Center (AICC)
MUMBAI, October 8, 2026: Tata Consultancy Services (BSE: 532540, NSE: TCS) reported its consolidated
financial results according to Ind AS and IFRS, for the quarter ending September 30, 2026.
Highlights of the Quarter Ended September 30, 2026
• Q2 Revenue at ₹73,188 crore; Growth +1.3% QoQ, +11.2% YoY in INR, +0.5% QoQ in CC
o International Revenue grows 1.2% QoQ in Constant Currency
o BFSI (+2.5% QoQ CC), Manufacturing (+3.1% QoQ CC) and Technology & Services (+3.1%
QoQ CC) led growth
o Annualized AI Revenue at US$ 3.1 billion in Q2FY27, crosses 10% of Revenue
• Q2 Total Contract Value (TCV): US$ 9.6 billion
• Operating Margin at 24.0%
• Net Profit at ₹13,884 crore | Net Margin at 19.0%
• Net Cash from Operations at ₹14,190 crore i.e. 102.2% of Net Income
• Workforce strength: 598,056; LTM Attrition (IT Services): 13.3%
• Dividend per share: ₹12 per share| Record date 14-Oct-2026 | Payment date 30-Oct-2026
K Krithivasan, Chief Executive Officer and Managing Director, said “We are pleased with the broad-based
growth in all our international markets and most industry segments. This quarter we announced two unique
deals with Porsche and Best Buy which represent a new category of transformation partnerships. Together
with our clients, we are building repeatable value platforms that will industrialize AI at scale.“
Aarthi Subramanian, Executive Director - President and Chief Operating Officer, said “AI momentum
remained strong, with annualized AI revenues now exceeding $3 billion. Demand for delivering business
outcomes with AI-native solutions, AI-led transformation of enterprise systems and autonomous GBS,
continues to accelerate. Cybersecurity remains a top priority as customers sharpen their focus on resilience
and recovery. TCS’ Human+AI Services Autonomy model for AMS earned top rankings from customers,
underscoring the strength of our differentiated capabilities.”
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Samir Seksaria, Chief Financial Officer, said, “We continued to strengthen our capabilities through
acquisitions, partnerships and investments in niche talent. In addition, we maintained strong cash conversion
and industry-leading profitability, along with our focus on creating sustainable long-term value for all
stakeholders.”
Sudeep Kunnumal, Chief HR Officer, said “We continue to build a future-ready workforce through
upskilling our employees and hiring top talent. Investments in learning and critical skills drove a 17%
sequential increase in learning hours to 17.1 million. This quarter our employee base reached over 598,000,
while attrition remained stable at 13.3%.”
Q2 FY27 Segment Highlights
Growth by Domain
Q-o-Q Y-o-Y
Composition (%) CC CC
Industry
Growth Growth
Q2 FY26 Q1 FY27 Q2 FY27 (%) (%)
BFSI 32.2 32.1 32.8 2.5 3.9
Consumer Business 15.3 15.0 14.9 - 0.7 - 1.0
Life Sciences & Healthcare 10.5 10.3 10.3 0.3 0.5
Manufacturing 8.8 8.7 9.0 3.1 4.2
Technology & Services 8.5 8.5 8.6 3.1 4.8
Communication & Media 5.9 5.8 5.8 0.1 0.5
Energy, Resources and Utilities 5.9 6.3 6.2 - 0.5 5.7
Regional Markets & Others 12.9 13.3 12.4 - 5.8 3.6
Total 100.0 100.0 100.0 0.5 2.8
Growth by Markets
Q-o-Q Y-o-Y
Composition (%) CC CC
Geography
Growth Growth
Q2 FY26 Q1 FY27 Q2 FY27 (%) (%)
Americas
North America 48.8 48.3 48.3 0.4 1.5
Latin America 1.9 2.0 2.1 4.3 1.7
Europe
UK 17.5 17.2 17.8 3.5 4.5
Continental Europe 15.3 15.4 15.2 0.4 3.3
Asia Pacific 8.3 8.4 8.6 2.0 4.1
India 5.8 6.2 5.5 - 10.3 6.0
MEA 2.4 2.5 2.5 0.4 2.0
Total 100.0 100.0 100.0 0.5 2.8
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CONSULTANCY
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Press Release
For immediate use
Key Highlights for the quarter
• Announced a five-year strategic partnership with Porsche AG. As part of the deal, TCS will establish a
dedicated AI Mobility Centre of Excellence for Porsche to drive innovation across manufacturing,
engineering, operations and customer experience. TCS, through its subsidiary, will acquire 100% of
MHP Management- und IT-Beratung GmbH (MHP), Porsche’s Germany-based management and IT
consulting subsidiary. The proposed partnership and acquisition remain subject to regulatory
approvals.
• Announced an agreement to transition Best Buy’s Global Capability Center (GCC) in India to TCS,
combining the GCC’s retail and enterprise knowledge with TCS’s technology, engineering, AI and global
delivery capabilities. The partnership will leverage TCS’ Global Value & Innovation Centres framework
to redesign workflows, develop AI-powered solutions and transform the GCC into an AI Capability
Center (AICC).
• Selected by Honeywell Technologies as its global end-to-end SAP S/4HANA business transformation
partner to establish a future-ready digital core and simplify & standardize enterprise operations in
alignment with its world class Accelerator Operating System. Leveraging TCS Crystallus™ and RISE with
SAP, TCS will standardize processes, and modernize the application landscape to enable greater
operational visibility, support faster decision-making, and enhance the customer experience, while
providing a scalable foundation for continued enterprise automation and AI initiatives.
• Announced a long-term strategic partnership with Aareal Bank, a leading international property
specialist, for providing end-to-end support to its infrastructure landscape, including data centre
operations, cloud platforms, workplace services, cybersecurity, and infrastructure management
services. Leveraging its AI-led delivery model, intelligent automation capabilities, and deep financial
services expertise, TCS will help simplify technology operations, improve service quality, enhance
security, and create a more agile and scalable technology environment aligned with the bank's long-
term strategic objectives.
• Strategic partnership with Vodafone Business, the enterprise arm of VodafoneThree — the United
Kingdom’s largest mobile operator. This synergy will help customers modernise technology, accelerate
digital adoption, reduce complexity, and scale to achieve stronger business outcomes and customer
experience.
• Launched the TCS Industrial Autonomy & Engineering Lab Lights-Out Factory, at its Sahyadri Park
campus in Pune. As India’s maiden lights-out factory lab, this facility will simulate how self-optimising
factories can automate operations using the TCS Human+AI Service Autonomy Model. It brings
together technologies such as digital twins, robotics, industrial AI, factory control systems and real-
time operational intelligence and seamlessly combines them for live manufacturing environmen
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