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TCS Q2 profit rises to INR13,884 crore

By Drooid · Oct 8, 2026, 5:24 PM UTC · How we work

Summary

TCS Posts Record Profit

TCS reported Q2 FY27 net profit of INR13,884 crore.
Consolidated revenue grew 11.2% YoY to INR73,188 crore, up 1.3% sequentially.
Annualised AI revenue reached $3.1 billion, exceeding 10% of total revenue.
TCS signed a five-year partnership with Porsche AG and agreed to acquire MHP for €320 million.
The board declared a second interim dividend of INR12 per share, record date Oct 14 2026, payable Oct 30 2026.

Summary

TCS Shares Surge

TCS shares jumped to INR2,141.50 intraday before closing at INR2,077.
The stock has fallen 36% YTD, its steepest annual drop since 2008.
Analysts identify support at INR2,000-INR2,050 and resistance near INR2,117-INR2,120.
Technical analyst Hitesh Rathi advises a stop-loss just below the INR1,970 swing low.
Choice Broking’s Sachin Gupta warns volatility and targets a rebound to INR2,250-INR2,450 if support holds.

History

Historical Context

During the 2008 global financial crisis, Indian IT giant Infosys saw its share price plunge 30% amid worldwide market turmoil. NASSCOM reported that sector exports fell $5 billion that year, while the RBI cut repo rates to 6.5% to stimulate growth. Similarly, TCS now reports AI revenue surpassing $3.1 billion and a €320 million MHP acquisition, yet its stock has fallen 36% YTD, echoing past volatility. Analysts warn that without sustained demand, the sector may repeat the 2008 downturn, prompting firms like Porsche AG to secure long-term contracts.

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TCS Posts Record Profit

TCS reported Q2 FY27 net profit of INR13,884 crore.
Consolidated revenue grew 11.2% YoY to INR73,188 crore, up 1.3% sequentially.
Annualised AI revenue reached $3.1 billion, exceeding 10% of total revenue.
TCS signed a five-year partnership with Porsche AG and agreed to acquire MHP for €320 million.
The board declared a second interim dividend of INR12 per share, record date Oct 14 2026, payable Oct 30 2026.

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