Overview

• Consolidated revenue reached ₹65,799 crore, up 3.7% sequentially and 2.4% year-on-year, while net profit came in at ₹12,075 crore, down 5.4% quarter-on-quarter and up about 1.4% from a year earlier.
• Operating performance improved with EBIT at ₹16,565 crore and an expanded EBIT margin of 25.2%, up 70 basis points from the prior quarter.
• The board declared a second interim dividend of ₹11 per share, with an October 15 record date and a November 4 payout.
• Deal momentum remained firm with $10 billion in total contract value, including a seven-year agreement with Scandinavian insurer Tryg, as clients stayed cautious on discretionary spend.
• TCS announced a new AI-focused business entity with plans for a 1 GW AI data centre in India and the acquisition of US-based ListEngage, skipped its usual headcount and attrition disclosures, and cancelled its press conference due to Ratan Tata's death anniversary while holding the analyst call.