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NIFTY 50·22,520.45+1.30%SENSEX·72,232.88+0.89%BANK NIFTY·55,256.65+1.36%RELIANCE·1,170.30−0.65%HDFC BANK·707.25+2.17%ICICI BANK·1,355.00+0.45%BHARTI AIRTEL·1,805.10+0.03%INFOSYS·1,023.40+2.65%L&T·3,703.30+2.16%TCS·2,156.00+3.85%ITC·266.00+4.31%SBI·959.10+2.03%AXIS BANK·1,259.10+1.13%NIFTY 50·22,520.45+1.30%SENSEX·72,232.88+0.89%BANK NIFTY·55,256.65+1.36%RELIANCE·1,170.30−0.65%HDFC BANK·707.25+2.17%ICICI BANK·1,355.00+0.45%BHARTI AIRTEL·1,805.10+0.03%INFOSYS·1,023.40+2.65%L&T·3,703.30+2.16%TCS·2,156.00+3.85%ITC·266.00+4.31%SBI·959.10+2.03%AXIS BANK·1,259.10+1.13%

Results

TCS Q2 Profit Jumps 15% as AI Revenue Crosses $3 Billion, but muted Growth

about 1 hour ago · Lumic

Tata Consultancy Services (TCS) Q2 FY27 results: Profit up 15%, AI revenue crosses $3 billion milestone.
Lumic
about 1 hour ago
TCS Q2 Profit Jumps 15% as AI Revenue Crosses $3 Billion, but muted Growth
IT RESULTS
Profit growth: Net profit rose nearly 15% year-on-year to ₹13,884 crore in Q2 FY27
AI milestone: Annualised AI revenue reached $3.1 billion, crossing 10% of total revenue
Business outlook: Management continues to face cautious client spending on discretionary projects
LUMIC INSIGHT
Brokerages see upside in TCS, but muted growth and margin pressure rem
Economic Times·about 1 hour ago

This Fin Shorts story dives into Tata Consultancy Services' (TCS) Q2 FY27 earnings, a significant event for the Indian IT sector. TCS reported a robust 15% year-on-year jump in net profit, reaching ₹13,884 crore. A major highlight is their AI revenue crossing the $3 billion annualised mark, now representing over 10% of their total revenue. Despite this impressive AI milestone and positive analyst views on IT stocks in India, the company is navigating challenges like muted overall revenue growth and cautious client spending on discretionary projects. This update provides crucial insights for TCS investors and anyone tracking the performance of major Indian IT companies in the current market.

More in Results

TCS Q2 Results Analysis: Revenue Up, Profit Beats Estimates, but Margins Face Pressure
Lumic
about 1 hour ago

Results

How good were TCS Quarter 2 results?

  • Revenue slightly ahead of the estimates: Revenue came in 0.2% over the analysts' estimates
  • Margins under pressure: EBIT margin at 24% missed the target by 38 BPS, due to higher delivery costs
  • Net profit beats estimates: Net profit at ₹13,884 cr, beating expectations by 0.7%, despite pressure
LUMIC INSIGHT
A mixed quarter - Stable revenue and profit, but no margin recovery
Source·about 1 hour ago
Kotak Mahindra Bank branch facade exterior, signifying financial growth and stability in India.
Lumic
3 days ago

BFSI

Kotak Mahindra Bank Shows Strong Q2 Growth as Loans and Deposits Rise Over

  • Kotak’s loan growth stayed strong, showing that credit demand remained healthy in quarter
  • Deposits grew as quickly as advances, giving Kotak a stronger base to fund future lending
  • CASA deposits increased, although their 11.3% growth lagged the bank’s overall deposits
LUMIC INSIGHT
Strong Q2 Business Updates Put Banking Stocks in Focus
Economic Times·3 days ago