New Delhi, Oct. 9 -- Shareholders cheered Tata Consultancy Services (TCS) Ltd's second-quarter report card, sending its stock up nearly 6% on Friday - a day after the earnings announcement - reflecting optimism in its strategy to prioritize growth over profitability.

The company ended the September quarter with $7.64 billion in revenue, up 0.2% sequentially and 2.36% year-on-year. Much of this growth was driven by banking clients, offsetting a revenue drop in India, though the performance still marked the company's slowest second-quarter growth in three years.

Despite this, the company's shares jumped 5.85% on the Bombay Stock Exchange on Friday, reflecting investor confidence in its near-term strategy and resilience in a challenging ma...