Overview
- TCS posted Q1 FY27 consolidated revenue of Rs 72,275 crore and a net profit of Rs 13,349 crore in results filed on July 9.
- The company declared an interim dividend of Rs 12 per share and said reported profit was reduced by a Rs 668 crore exceptional charge linked to the CSC legal settlement.
- TCS booked $9.5 billion of new deals in the quarter, including an $800 million AI-led transformation engagement with SKF, and reported an annualised AI revenue run rate of about $2.6 billion.
- Operating margin narrowed to about 24% sequentially because of April wage hikes and targeted investments in AI and capabilities.
- After the results investors pushed the stock higher, analysts welcomed the deal momentum but said the key test is whether AI pipeline converts into sustained revenue growth and margin recovery for TCS and the sector.