TCS Q2 results: Net profit stands at Rs 11,342 crore

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26 Aug, 2025 12:21

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Tata Consultancy Services (TCS) on October 11 reported a net profit of Rs 11,342 crore for the September quarter of the current financial year, driven by a strong order book, especially in the BFSI segment, despite a tough business environment.

India’s biggest IT services player’s consolidated revenue for the quarter came in at Rs 59,692 crore. TCS's order wins for Q2 stood at $11.2 billion, which was higher quarter-on-quarter (QoQ).

Its EBIT margin for the quarter increased to 24.3 per cent compared to 23.2 percent (QoQ). The dollar revenue for the IT major stood at $7,210 million.

Sequentially, PAT beat estimates but rupee revenue growth came in below estimates.

In dollar terms, the revenue declined by 0.2 percent from the previous quarter to $7.2 billion.

The company also announced an interim dividend of Rs 9 per share.

The company’s order book at the end of Q2FY24 stood at $11.2 billion, in line with analyst estimates of $11-13 billion and the book-to-bill ratio stood at 1.6. The order book is higher from the $10.2 billion TCV it had in the previous quarter.

The EBIT margin or the operating margin was up to 24.3 percent, an expansion from 23.2 percent in the previous quarter as the company recovered from the wage hike cycle in the April-June period.

In a statement, Chief Executive Officer K Krithivasan said that the company has a large order book that led to its second-highest TCV in a quarter. " The resilience of demand for our services, our clients’ willingness to commit to long tenure programs and their continued appetite for experimentation with Gen AI and other new technologies give us confidence in our longer-term growth prospects," he said.

Samir Seksaria, Chief Financial Officer, said the focus on improving employee utilization, productivity improvement and cost efficiency across helped the company expand its operating margin. "We will continue to push the growth, efficiency and innovation levers to further improve our profitability," he said.