Tata Consultancy Services reports Q2 FY27 profit rise and $3.1B AI revenue

Tata Consultancy Services (TCS) reported its second-quarter financial results for fiscal year 2027, highlighting a net profit of ₹13,884 crore ($1.43 billion) and revenue of ₹73,188 crore ($7.56 billion). This represents an 11.2% year-over-year increase in reported revenue.

A significant milestone for the company was its annualized AI revenue, which reached $3.1 billion during the quarter, exceeding 10% of total revenue for the first time. The company also secured $9.6 billion in total contract value (TCV).

Growth was observed across several sectors, including banking, financial services and insurance (BFSI), manufacturing, and technology and services. Geographically, the company saw sequential growth in the U.K., Asia-Pacific, and Latin America. TCS also announced a five-year strategic partnership with Porsche AG to establish an AI Mobility Centre of Excellence and noted new transformation partnerships with Best Buy.

The company declared a dividend of ₹12 per share, with a record date of October 14, 2026.