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TCS Q2 profit rises 15 per cent as revenue crosses Rs 73,000 crore
IT major posts Rs 13,934 crore consolidated net profit, declares Rs 12 interim dividend and signs Rs 3,484 crore MHP acquisition deal
MUMBAI: Tata Consultancy Services (TCS) has kept its earnings engine humming, reporting a 15 per cent rise in consolidated net profit to Rs 13,934 crore for the quarter ended 30 September 2026, compared with Rs 12,131 crore a year earlier.
The IT services major’s revenue from operations climbed to Rs 73,188 crore in the July to September quarter, up from Rs 65,799 crore in the corresponding period last year. Profit before tax rose to Rs 18,638 crore from Rs 16,068 crore, while earnings per share increased to Rs 38.37 from Rs 33.37.
For the six months ended 30 September 2026, consolidated revenue stood at Rs 1,45,463 crore and net profit reached Rs 27,354 crore. Earnings per share for the half year were Rs 75.27.
The company’s board has also declared an interim dividend of Rs 12 per equity share. The audited consolidated and standalone financial results were reviewed by the audit committee and approved by the board on 8 October 2026, with the statutory auditors issuing an unmodified audit opinion.
TCS is also expanding its consulting footprint. During the quarter, its wholly owned subsidiary, Tata Consultancy Services Netherlands B.V., signed a definitive agreement to acquire a 100 per cent stake in MHP Management- und IT-Beratung GmbH, along with its subsidiaries.
The proposed cash acquisition values MHP at an enterprise value of EUR 320 million, equivalent to approximately Rs 3,484 crore, and remains subject to regulatory approvals and other conditions. MHP specialises in automotive and industrial consulting, with expertise spanning business consulting, digital transformation, artificial intelligence, software-defined mobility, SAP and manufacturing digitalisation.
At the standalone level, TCS reported revenue from operations of Rs 60,441 crore for the quarter, compared with Rs 54,531 crore a year earlier. Standalone net profit rose to Rs 14,104 crore from Rs 11,828 crore, while profit before tax increased to Rs 18,276 crore from Rs 15,244 crore.
For the six-month period, standalone revenue stood at Rs 1,19,994 crore and net profit at Rs 27,746 crore.
The detailed financial results for the quarter and half year ended 30 September 2026 are available on the websites of BSE, the National Stock Exchange of India and TCS.
