tcs q2 results 2025

 Tata Consultancy Services (TCS) has announced its Q2 results for the financial year 2025-26. Here are the key highlights¹ ² ³:

- *Net Profit:* ₹12,075 crore, a 1.4% year-on-year increase from ₹11,909 crore in the same period last year. However, the profit missed estimates due to restructuring costs.

- *Revenue:* ₹65,799 crore, a 2.4% year-on-year growth from ₹64,259 crore in Q2 FY25. Revenue beat market expectations.

- *Operating Margin:* 25.2% in Q2 FY26, an expansion of 70 basis points quarter-over-quarter.

- *Total Contract Value (TCV):* $10 billion, driven by multiple large deals across sectors.

- *Workforce:* TCS's total workforce count witnessed a 19,755 fall to 593,314 as of the second quarter of the financial year 2025-26.

- *Dividend:* The board of directors declared a second interim dividend of ₹11 per equity share.

- *Acquisitions:* TCS acquired 100% stake in ListEngage, a leading Salesforce Summit partner, to strengthen its Salesforce capabilities.

- *AI Subsidiary:* TCS announced the formation of a subsidiary in India to set up AI and sovereign data centers with 1-gigawatt capacity.


The company's performance reflects a mixed picture, with revenue momentum improving sequentially but profitability facing headwinds from elevated employee costs. TCS's ability to balance growth investments with profitability will be critical as it navigates an uncertain demand environment.

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