TCS rallies after Q2 PAT rises 4% QoQ to Rs 13,884 cr
Mumbai, Oct. 9 -- Revenue rose 1.3% QoQ and 11.2% YoY to Rs 73,188 crore during the quarter. Revenue growth in constant currency (CC) stood at 0.5% QoQ.
International revenue grew 1.2% QoQ in constant currency, led by growth in banking, financial services and insurance (BFSI), manufacturing, and technology & services. BFSI revenue grew 2.5% QoQ in constant currency, while manufacturing and technology & services grew 3.1% each.
The company reported an operating margin of 24% in Q2 FY27.
The company's total contract value (TCV) stood at $9.6 billion in Q2 FY27, up from $9.5 billion in Q1 FY27 but lower than $12 billion in Q4 FY26.
Annualised artificial intelligence (AI) revenue stood at $3.1 billion in Q2 FY27, crossing 10% of the compa...
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