TCS Q2 net profit rises 8.4% to ₹12,904 crore, board declares dividend of ₹11 per share

Tata Consultancy Services Ltd. (TCS) reported an 8.4% growth in consolidated net profit at ₹12,904 crore for the second quarter ended September 30, compared with ₹11,909 crore in the year-earlier period.

Net margin was at 19.6%. During the period cash flow from operations was at 110.1% of net profit.

During the quarter the company’s revenue increased 2.4% to ₹65,799 crore. The Total Contract Value (TCV) in the second quarter was $10 billion, the company said in a filing.

The board has declared a dividend of ₹11 per share and record date is October 15,2025 and the payment date is November 4,2025.

The company said broad-based growth and disciplined execution delivered strong performance in the second quarter. 

TCS cancelled its customary press briefing this time without citing any specific reason. It is believed that the management wanted to avid repeated questions regarding the recent and ongoing layoffs which has created a bad blood among the impacted employees and in the sector in general.

In the filing the company also skipped the rate of attrition and head count data at the end of the quarter.

The company has announced to set up a wholly owned subsidiary that establish multiple AI and Sovereign Data Centers in India for providing Infrastructure and Technology enabled services. 

The Board approved acquisition of ListEngage, a US based company with deep capabilities in Salesforce Practice and Agentic AI for $72.80 million excluding management incentives and costs.

The company’s BFSI and Technology & Services vertices reported 1% and 2.8% year on year constant currency growth. Rest of the verticals degrew. 

Similarly, when its businesses in Latin America, Asia Pacific and MEA grew 1.8%, 2%, 12.7% respectively, the Indian business de-grew 33% year on year in constant currency. North America and Europe also de-grew. 

K. Krithivasan, Chief Executive Officer and Managing Director, TCS said “I am pleased with our strong Q2 performance. We are on a journey to become the world’s largest AI-led technology services company.”

“Our journey is anchored in bold transformation across talent, infrastructure, ecosystem partnerships and customer value. The investments including the building of a world-class AI infrastructure business demonstrate our commitment to this transformation,” he added.

Aarthi Subramanian, Executive Director, President and Chief Operating Officer, TCS said “We delivered strong growth momentum led by Data, Cloud and AI powered enterprise transformation. Our customer engagements are focused on rapid value realization to deliver speed, efficiency and growth.” 

Samir Seksaria, Chief Financial Officer, said, “We achieved good growth momentum across all verticals this quarter. Our disciplined execution helped us expand our margins while making strategic investments. We have prioritized wage hikes, building future-ready capabilities and establishing new ecosystem partnerships.” 

“Looking ahead, our financial resilience and robust balance sheet will support both internal transformation initiatives and external investments aligned with our aspiration,” he added.