Mumbai, July 9 -- Revenue from operations rose 2.2% sequentially to Rs 72,275 crore in Q1 FY27 from Rs 70,698 crore in the preceding quarter. In constant currency terms, revenue grew 0.4% quarter-on-quarter.

On a year-on-year basis, the company's consolidated net profit increased 4.6%, while revenue from operations rose 13.9%.

The company's operating margin stood at 24%, while net margin was 19.2% during the quarter.

TCS reported a total contract value (TCV) of $9.5 billion in Q1 FY27, driven by several large AI-led transformation deals, including an $800 million mega deal with SKF, a multi-million-dollar strategic partnership with ServiceNow, and another multi-million-dollar engagement with a Europe-based Fortune Global 50 company.

T...