Tata Consultancy Services (TCS), India’s largest IT company, reported a 15% jump in second-quarter profit on Thursday and declared a ₹12 per share interim dividend. Its AI business has now crossed $3 billion a year. Here are the key numbers from TCS Q2 FY27 results, the dividend record date, and what they mean for shareholders.
TCS Q2 FY27 at a glance
- Net profit: ₹13,934 crore, up 14.9% from ₹12,131 crore a year ago (profit attributable to shareholders: ₹13,884 crore).
- Revenue: ₹73,188 crore, up 11.2% year on year and 1.3% from the June quarter.
- Operating margin: about 24%.
- Dividend: ₹12 per share; record date Oct 14, payment Oct 30, 2026.
- Deal wins (TCV): $9.6 billion.
- AI revenue: $3.1 billion annualised, more than 10% of total revenue.
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TCS Q2 results: the numbers
| Metric | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue from operations | ₹73,188 cr | ₹65,799 cr | +11.2% |
| Consolidated net profit | ₹13,934 cr | ₹12,131 cr | +14.9% |
| Operating profit | ₹17,553 cr | — | ~24% margin |
| Total contract value | $9.6 bn | — | — |
| Headcount | 5,98,056 | — | — |
| IT services attrition (LTM) | 13.3% | — | — |
Some outlets reported profit as ₹13,884 crore. That figure is profit attributable to TCS shareholders; ₹13,934 crore is total consolidated profit. Both show growth of about 15%.
Compared with the June quarter, profit rose about 4%. The June quarter had included a one-time loss of ₹668 crore linked to a legal claim settlement, which made that base lower.
TCS dividend: record date and payment date
The board declared a second interim dividend of ₹12 per share (face value ₹1) for FY27. To receive it, you must hold TCS shares on the record date, October 14, 2026. Because Indian shares settle on a T+1 basis, buy at least one trading day before the record date. The dividend will be paid on October 30, 2026. TCS also paid ₹12 per share in July.
Remember that dividends are taxed in your hands at your income tax slab rate, and TDS applies if your dividend income from the company is above ₹10,000 in a year.
AI crosses $3 billion, new deals with Porsche and Best Buy
TCS said its annualised AI revenue has reached $3.1 billion, more than 10% of its total revenue. It also announced deals with Porsche and Best Buy, which it calls a new kind of “transformation partnership”, and said it will buy German consultancy MHP for about ₹3,484 crore.
CEO K Krithivasan said the company was “pleased with the broad-based growth in all our international markets and most industry segments.”
What it means for shareholders
- TCS shares closed 0.4% lower at ₹2,075.25 on result day, as the numbers were released after market hours.
- Strong cash flow (₹14,190 crore, about 102% of net profit) supports regular dividends.
- A risk to watch: the US has suspended TCS and other IT firms from its green card (PERM) programme, which could affect staff in the US.
This article is for information only and is not investment advice.
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Frequently asked questions
What is TCS Q2 FY27 net profit?
TCS reported consolidated net profit of ₹13,934 crore, up 14.9% year on year. Profit attributable to shareholders was ₹13,884 crore.
What is the TCS dividend record date?
The record date for the ₹12 interim dividend is October 14, 2026. Payment is due on October 30, 2026.
How much is the TCS dividend?
₹12 per equity share of face value ₹1.
How big is TCS’s AI business?
TCS says its annualised AI revenue is $3.1 billion, more than 10% of its total revenue.
