TCS Q2 results: Profit rises 15% YoY to Rs 13,884 crore; co declares dividend at Rs 12 per share
- Benchmark indices Sensex and Nifty rebounded in early trade on Friday, October 9, 2026, ending two days of sharp declines, led by a rally in IT stocks.
- Tata Consultancy Services surged over 6 percent after reporting a 15 percent jump in Q2 net profit to Rs 13,884 crore, pointing to continued growth momentum during the July-September period.
- Revenue from operations rose 11.22 percent to Rs 73,188 crore, as the board declared a second interim dividend of Rs 12 per share, payable on October 30, 2026.
- Addressing U.S. green card program concerns, TCS stated it does not expect the action to affect its workforce strategy, citing a focus on local hiring and minimal program applications.
- While IT stocks rallied, foreign institutional investors offloaded equities worth $12,943.58 crore on Thursday, October 8, 2026; Asian markets showed mixed results, with Japan's Nikkei 225 quoting lower and the Hang Seng trading higher.
24 Articles
24 Articles
Tata Consultancy Services Stock Update: Q2 Profit Beats Estimates
Tata Consultancy Services (TCS) share price is trading at ₹2,148.80, up 3.51%, as Q2 FY27 profit beats estimates and strategic AI deals boost sentiment in this live stock update. Tata Consultancy Services Stock Update: Q2 Profit Beats Estimates.
Sensex, Nifty open higher after sharp sell-off; IT stocks lead gains, TCS jumps 3%
The BSE Sensex rose 449.84 points, or 0.63%, to 72,043.08 at 9:32 am. The Nifty 50 gained 150.95 points, or 0.68%, to 22,382.75 at 9:33 am. It opened at 22,314.95 and hit an early high of 22,388.70.
Indian Shares Seeking Rebound With IT Stocks In Focus
Indian shares are seen opening higher on Friday despite overnight losses on Wall Street. Information technology stocks would be in the spotlight today after TCS delivered a 15 percent year-on-year increase in Q2 consolidated net profit and the Nasdaq posted its biggest single-day loss since mid-August on fresh concerns over the sustainability of the AI spending boom.
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