New Delhi, July 10 -- $2.6 billion, the annualized run rate of TCS's artificial intelligence revenue, which grew 13.6 percent in a single quarter.

The divergence between 2.7 percent overall growth and 13.6 percent AI growth describes TCS's current position in the technology landscape. The legacy IT services business - application management, infrastructure, business process outsourcing - is expanding modestly. The AI layer is expanding at a rate that, if sustained, would nearly double within two years.

Net income for the three months ended June 30 reached $1.46 billion, representing a net margin of 19.2 percent. The company's operating margin held at 25 percent, consistent with TCS's historical ability to sustain profitability through p...