Business news · Corporate · 09 Jul 2026
Tata Consultancy Services reported April-June net profit of Rs 13,349 crore, up 4.6% from Rs 12,760 crore a year earlier, on revenue up 13.9% to Rs 72,275 crore. Sequential revenue growth was 2.2% in rupees and 0.4% in constant currency. Operating margin fell 130 bp to 24%, with wage hikes taking 170 bp. Total contract value was $9.5 billion against $9.4 billion a year ago, annualised AI revenue reached $2.6 billion, and TCS added 9,279 employees. CEO K Krithivasan said he was generally optimistic about the second quarter.
As the largest Indian IT services company, TCS sets the tone for the sector's results season. Near-flat constant-currency growth and a margin dip from salary increases show how slow client spending is capping earnings across Infosys, HCLTech, Wipro and mid-tier peers, while steady deal wins and rising AI revenue are the offsets investors track. The hiring pickup matters for campus recruitment and for office and housing demand in tech cities, though that link is indirect.
Reported by Business Standard — “TCS Q1FY27 results: Net profit rises 4.6% to ₹13,349 cr, revenue up 13.9%” ↗ on 09 Jul 2026.
NSE stocks, from the last close on or before 09 Jul 2026 to the close on 16 Oct 2026.
| Sector | Stocks | Median move | Up | vs all stocks |
|---|---|---|---|---|
| Information Technology | 40 | +7.0% | 25 of 40 | +13.3 pts |
| All tracked stocks | 804 | -6.3% | 285 of 804 | — |
| Company | Then | Now | Move |
|---|---|---|---|
| Tata Consultancy Services Ltd. TCS | ₹2,049.5 | ₹2,465 | +20.3% |
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