Tata Consultancy Services (TCS), India’s largest IT services company, reported an 8% year-on-year growth in earnings per share (EPS) for the second quarter of FY26, powered by steady demand across markets and strong deal wins. The company’s revenue stood at ₹65,799 crore, up 3.7% sequentially, while operating margin improved to 25.2%.
Net profit margins remained healthy at 19.6%, reflecting TCS’s ability to maintain efficiency despite wage hikes and global economic uncertainty. The company closed the quarter with total contract wins worth $10 billion, underlining its strong client confidence and leadership in digital transformation and technology services.
CEO K. Krithivasan said that TCS achieved broad-based growth across sectors like banking, manufacturing, and energy. While North America and Europe showed stable recovery trends, emerging markets such as India and Asia-Pacific delivered stronger growth momentum. The company expects continued traction in large transformation programs as global clients invest in modernization and AI initiatives.
Tata Consultancy Services made further progress in its AI transformation roadmap. It is building one of the world’s largest AI-led tech ecosystems, with innovation hubs being set up in Singapore, Europe, and Mexico. These centres will focus on generative AI, data analytics, and enterprise automation to support clients in accelerating digital adoption.
Financially, TCS remains solid. The company reported a 110% conversion of net income to operating cash flow and declared an interim dividend of ₹11 per share. Its balance sheet remains debt-free, backed by $6.3 billion in cash and investments.
CFO Samir Seksaria highlighted that the company continues to manage cost pressures effectively while investing in future technologies. Attrition dropped below 13%, as TCS focused on improving employee engagement, productivity, and talent retention.
TCS continues to strengthen its presence in high-growth areas such as cloud computing, cybersecurity, and artificial intelligence. With a strong order pipeline, disciplined execution, and focus on innovation, the company remains well positioned for long-term, sustainable growth.
Tata Consultancy Services, part of the Tata Group, is one of the world’s most valuable IT and consulting companies, serving global enterprises across 55 countries. Its consistent performance, trusted brand, and innovation-led strategy reinforce its leadership in the global technology landscape.
