Overview

• Consolidated revenue rose 3.7% quarter-on-quarter to Rs 65,799 crore, while net profit came in at Rs 12,075 crore, down 5.4% sequentially after a Rs 1,135 crore restructuring expense and up about 1.4% year-on-year.
• Operating performance improved with EBIT at Rs 16,565 crore and the margin expanding 70 basis points to 25.2% versus the prior quarter.
• TCS reported total contract value of $10 billion for the quarter, including an expanded seven-year, $647 million partnership with Scandinavian insurer Tryg.
• The board declared a second interim dividend of Rs 11 per share, with a record date of October 15 and payment on November 4.
• The company advanced its AI strategy by setting up a new entity to build a 1 GW AI data centre in India and acquiring US-based ListEngage, while executing a workforce realignment of roughly 2% as policy pressures in the US such as higher H‑1B fees remain in focus.