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saurabh mittal

9th Oct · SEBI-Registered Analyst

Tata Consultancy Services Ltd announced its Q2 FY26 results

TCS
reporting modest revenue growth amid sluggish global demand but beating profit estimates despite workforce restructuring and US visa uncertainties. Net profit rose 1.4% YoY to ₹12,075 crore (beating consensus of ₹12,719 crore), while revenue grew 3.7% YoY to ₹65,799 crore. The company declared a second interim dividend of ₹11 per share (record date: October 15, 2025), maintaining a yield of ~4.24%. Management emphasized a push toward becoming the "world's largest AI-led tech services company," including plans for a 1 GW AI data center in India to drive future growth. Social media reactions on X were mixed, with users highlighting the AI ambitions and dividend as positives, though some noted the downsizing of ~20,000 roles signaling sector challenges.

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