1) TCS Q2 Results FY26 Live: Indian IT leader Tata Consultancy Services reported a 1.3% YoY rise in Q2 net profit, reaching ₹12,075 crore compared with ₹11,909 crore a year earlier. The PAT attributable to shareholders fell short of analysts’ expectations, which had projected ₹12,573 crore.
2) TCS Q2 Results FY26 Live: Revenue from operations rose 2.4% YoY to ₹65,799 crore, up from ₹64,259 crore in the same quarter last year.
3) TCS recorded total order bookings of $10 billion in the quarter, up from $9.4 billion in the previous quarter and $8.6 billion a year ago. Last month, the company secured a $644 million deal with Scandinavian insurer Tryg.
4) Revenue from its largest market of North America dipped 0.1%, United Kingdom fell 1.9% and Continental Europe declined 3%. Revenue from Asia Pacific grew 2%.
5) New business entity to build world-class AI infrastructure - 1 GW capacity AI datacenter in India
6) Board approves acquisition of ListEngage with deep capabilities in Salesforce
7) Sustained investments in nurturing AI-first culture and talent - World’s largest ‘Ideate and Build with AI’ Hackathon with 275,000 TCSer
8) All this is for information.
9) This is not a buy/sell recommendation.
Thank you,
Technofunda24