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a Consultancy Services (TCS) reported robust consolidated financials for Q2 FY26, with net profit climbing 8.4% year-on-year to ₹12,904 crore from ₹11,909 crore in the prior quarter.
Revenue rose 2.4% to ₹65,799 crore compared to ₹64,259 crore, while EBIT jumped 7.1% to ₹16,565 crore from ₹15,465 crore. The EBIT margin improved to 25.17% from 24.06%, reflecting operational efficiency gains.
The quarter also saw a total contract value of $10 billion, underscoring sustained deal momentum. In strategic moves, TCS acquired a 100% stake in ListEngage, a premier Salesforce Summit partner, to bolster its CRM capabilities. Additionally, the company launched a new entity to develop a 1 GW AI data center in India, aiming to pioneer world-class AI infrastructure.
These developments position TCS for accelerated growth in digital transformation amid rising AI demand.#FundamentalViews#TechnicalViews#WatchOutFor#StockInNews
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