India's TCS marginally beats second-quarter revenue estimates

Tata Consultancy Services

08/10/2026 11:16

Oct 8 (Reuters) - Tata Consultancy Services TCS.NS reported a slightly higher-than-expected September-quarter revenue on Thursday as India's largest software services provider was helped by AI-led demand and growth in its banking vertical.
        Consolidated revenue rose 11.2% to 731.88 billion rupees ($7.57 billion) year-on-year in the second quarter of the fiscal year. Analysts, on average, expected revenue to come in at 731.48 billion rupees, per data compiled by LSEG.
        TCS is part of the salt-to-software Tata Group, which is caught in a power struggle over control of holding company Tata Sons and whether it should go public. 

($1 = 96.7775 Indian rupees)

 (Reporting by Sai Ishwarbharath B; Editing by Nivedita Bhattacharjee and Jochelle Mendonca)
 ((mailto: saiishwarbharath.b@thomsonreuters.com;))