India, July 10 -- Tata Consultancy Services (TCS) began FY27 with steady revenue growth and a strong deal pipeline, as demand for artificial intelligence (AI)-led transformation projects continued to shape enterprise technology spending.

The company reported consolidated revenue of Rs 72,275 crore for the quarter ended 30 June 2026, representing growth of 2.2% sequentially and 13.9% year-on-year in rupee terms. Net profit increased 8.5% from a year earlier to Rs 13,849 crore, while operating margins stood at 24%.

A key highlight of the quarter was the company's expanding AI business, which reached an annualised revenue run rate of USD 2.6 billion, up 13.6% from the previous quarter. TCS also reported a total contract value (TCV) of USD ...