Tcs q2 profit rises to ₹139 billion sequentially.

Tata Consultancy Services Limited

reported consolidated Q2 profit of ₹139 billion, up from ₹134 billion quarter-on-quarter and above the estimate of ₹138 billion. Revenue stood at ₹732 billion versus ₹723 billion in the prior quarter. EBIT came in at ₹176 billion against ₹173 billion QoQ, slightly below the ₹177 billion estimate. EBIT margin was 23.98 percent versus 23.96 percent QoQ. The company also declared a dividend of ₹12 per share. The key numbers are Q2 profit of ₹139 billion, revenue of ₹732 billion and a stable EBIT margin near 24 percent. This shows sequential improvement for TCS. Peers such as Infosys, HCL Technologies and Wipro may face comparison on growth and margins in the IT services sector. Near-term prices could react to the numbers and dividend. Risks include slower deal conversions or currency fluctuations. Competitors listed: Infosys, HCL Technologies, Wipro. We have no financial interest in this news.