TCS shares surge 5% after D-Street cheers strong Q2 results - Should you book profit or invest more? Experts' suggestion
TCS Q2 Results, Oct. 9 -- IT services giant Tata Consultancy Services (TCS) saw its share price climb almost 5% on Friday, October 9, after reporting a 15% year-on-year (YoY) increase in consolidated net profit for the July-September quarter of FY27. The company posted a net profit of Rs.13,884 crore, up from Rs.12,075 crore in the corresponding quarter last year.
The company's board also announced a second interim dividend of Rs.12 per share for the financial year 2026-27.
TCS reported revenue from operations of Rs.73,188 crore for the quarter, marking an 11% rise from Rs.65,799 crore recorded in the year-ago period.
On a constant currency basis, revenue grew 0.5% sequentially. The IT major reported an operating margin of 24% and a ne...
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