LIVE: TCS Q2 results 2026 announced - From Porsche AG partnership to Google Gemini, top highlights from entire quarter

TCS Q2 results 2026 announced: IT bellwether Tata consultancy services has declared its second quarterly results of FY 2027. TCS has confirmed dividend amount of ₹12 per share with payment date and record date. In TCS Q2 results, revenue, profit, margins, AI deals, hiring, attrition and other key numbers are worth watching as the software exporters announces the earnings of Q2 FY 2026-27. Here are LIVE UPDATES:- Key Highlights for the quarter • Launched a 4,500-square-feet AI-native TCS Interactive Creative Engineering Studio in London, which will serve as the hub for creative, industry, and engineering teams to collaborate with clients and brands to unlock new revenue growth, market expansion, and operational efficiency. • Launched TCS ADDTM AgentHub, a role-based, enterprise-ready, and trusted AI platform that enables the use of agentic AI in drug development at scale. This new agentic AI workforce transforms clinical trials and pharmacovigilance services while maintaining regulatory and audit requirements. • Partnered with the Dubai Gold & Commodities Exchange (DGCX) to modernise and future-proof its market infrastructure through a next-generation integrated trading, clearing, and surveillance solution. The transformation programme will support future growth, improve operational efficiency, accelerate new product development, and strengthen DGCX’s ability to respond to evolving market needs. • Launched the Consumer Business Group (CBG) Gemini Experience Center (GEC) in Kolkata, India. The center will showcase AI-led innovations tailored for consumer business needs and built with Google Cloud and Google’s Gemini models. • Launched Custom System-on-Chip (SoC) Design Services for automotive OEMs and semiconductor ecosystem companies. It brings together semiconductor engineering, VLSI (Very Large-Scale Integration) design, hardware-software co-design, and system validation capabilities. The comprehensive set of services cover every stage of silicon development, including architecture, design, verification, implementation, software integration, and system validation. This will help auto manufacturers conceive, design, verify, implement, and validate custom SoC solutions for the nextgeneration of software-defined vehicles. TCS Q2: Awards and Recognition • Positioned the foremost Leader or ranked #1 in 12 competitive assessments published by leading research houses. Notable reports where TCS ranked #1 are: HFS SaS Star Ratings Report on Agentic Application Management Services 2026 (AMS), NelsonHall NEAT Report on Salesforce Services 2026 - Overall and ISG Lens Report on ISG Provider Lens® Microsoft AI and Cloud Ecosystem - U.S 2026: Azure Data Transformation and AI Services • Recognized by Forbes among America’s Best Employers by State 2026. • Achieved its first-ever AAA brand strength rating and was ranked India’s most valuable IT services brand in the Brand Finance India 100 ‘2026 report. • Earned multiple honors at the 2026 Stevie Awards, recognizing innovation in AI, talent development, HR technology, predictive operations, competitive intelligence, and the AI-powered TCS RunConcierge platform. • Named AI Adopter of the Year at the India Risk Management Awards 2026 for advancing responsible AI-driven risk management. • Honored as EDB GSI Partner of the Year 2026 for enabling AI-ready data foundations and driving customer innovation. • Won Best Paper at DVCon India 2026 for pioneering AI-driven semiconductor verification research. • Received the Asian Development Bank (ADB) Performance Excellence Award for outstanding delivery as a strategic technology partner. • Recognized by IBM as its Most Influential Services Partner in APAC. • Named Cloudera’s APAC Strategic Partner of the Year for advancing data- and AI-led transformation. • Won multiple awards at the ISG Paragon Awards Asia 2026 for excellence in business transformation, innovation, public sector modernization, and operational excellence. • Won five Brandon Hall HCM Excellence Awards for leadership development, employee engagement, onboarding, and social impact initiatives. International Growth and Strategic Wins Underpin TCS’ Q2: Announced strategic deal wins - Five-year strategic partnership with Porsche AG and acquisition of MHP, Porsche’s Germany-based management and IT consulting subsidiary - Agreement to transition Best Buy’s Global Capability Center (GCC) in India to TCS, and transform into an AI Capability Center (AICC) TCS dividend 2026 amount: ₹12 per share TCS dividend 2026 Record date: 14-Oct-2026 TCS dividend 2026 Record date: 30-Oct-2026 Highlights of the TCS Results Quarter Ended September 30, 2026 • Q2 Revenue at ₹73,188 crore; Growth +1.3% QoQ, +11.2% YoY in INR, +0.5% QoQ in CC - International Revenue grows 1.2% QoQ in Constant Currency - BFSI (+2.5% QoQ CC), Manufacturing (+3.1% QoQ CC) and Technology & Services (+3.1% QoQ CC) led growth- Annualized AI Revenue at US$ 3.1 billion in Q2FY27, crosses 10% of Revenue• Q2 Total Contract Value (TCV): US$ 9.6 billion• Operating Margin at 24.0%• Net Profit at ₹13,884 crore | Net Margin at 19.0%• Net Cash from Operations at ₹14,190 crore i.e. 102.2% of Net Income• Workforce strength: 598,056; LTM Attrition (IT Services): 13.3%• Dividend per share: ₹12 per share| Record date 14-Oct-2026 | Payment date 30-Oct-2026Key Highlights for the quarter • Announced a five-year strategic partnership with Porsche AG. As part of the deal, TCS will establish a dedicated AI Mobility Centre of Excellence for Porsche to drive innovation across manufacturing, engineering, operations and customer experience. TCS, through its subsidiary, will acquire 100% of MHP Management- und IT-Beratung GmbH (MHP), Porsche’s Germany-based management and IT consulting subsidiary. The proposed partnership and acquisition remain subject to regulatory approvals.K Krithivasan, Chief Executive Officer and Managing DirectorK Krithivasan, Chief Executive Officer and Managing Director, said “We are pleased with the broad-based growth in all our international markets and most industry segments. This quarter we announced two unique deals with Porsche and Best Buy which represent a new category of transformation partnerships. Together with our clients, we are building repeatable value platforms that will industrialize AI at scale.“International Growth and Strategic Wins Underpin TCS’ Q2, says the IT bellwether Details of announced strategic deal wins- Five-year strategic partnership with Porsche AG and acquisition of MHP, Porsche’s Germany-based management and IT consulting subsidiary- Agreement to transition Best Buy’s Global Capability Center (GCC) in India to TCS, and transform into an AI Capability Center (AICC)Aarthi Subramanian, Executive Director - President and Chief Operating Officer Aarthi Subramanian, Executive Director - President and Chief Operating Officer, said “AI momentum remained strong, with annualized AI revenues now exceeding $3 billion. Demand for delivering business outcomes with AI-native solutions, AI-led transformation of enterprise systems and autonomous GBS, continues to accelerate. Cybersecurity remains a top priority as customers sharpen their focus on resilience and recovery. TCS’ Human+AI Services Autonomy model for AMS earned top rankings from customers, underscoring the strength of our differentiated capabilities.”Samir Seksaria, Chief Financial Officer Samir Seksaria, Chief Financial Officer, said, “We continued to strengthen our capabilities through acquisitions, partnerships and investments in niche talent. In addition, we maintained strong cash conversion and industry-leading profitability, along with our focus on creating sustainable long-term value for all stakeholders.”Sudeep Kunnumal, Chief HR Officer Sudeep Kunnumal, Chief HR Officer, said “We continue to build a future-ready workforce through upskilling our employees and hiring top talent. Investments in learning and critical skills drove a 17% sequential increase in learning hours to 17.1 million. This quarter our employee base reached over 598,000, while attrition remained stable at 13.3%.Q2 FY 27 Segment Highlights: Growth by Domain