Business News
TCS Q2 Profit Rises 15% to ₹13,884 Crore, Declares ₹12 Dividend
TCS Q2 FY27 net profit rose 15% to ₹13,884 crore on revenue of ₹73,188 crore; board declares ₹12 interim dividend.
TCS Q2 FY27 net profit rose 15% to ₹13,884 crore on revenue of ₹73,188 crore; board declares ₹12 interim dividend.
Infosys Q2 results: net profit rose 6.2% to ₹7,823 crore, but the IT major cut its FY27 revenue growth guidance to 1–2%…
Wipro's Q2 FY27 net profit slipped 1.4% to ₹3,200.6 crore even as revenue grew 9.1%; large deal bookings fell 58.6% sequentially.
Tata Elxsi's Q2 FY27 net profit rose 10% to ₹170.30 crore on 15% revenue growth, while EBIT margin improved to 19.7%.
HCLTech's Q2 FY27 net profit rose 21.2% to ₹5,132 crore as revenue grew 11.5%; the board declared a ₹12 interim dividend.
Infosys said the US Labor Department's PERM suspension of eight firms, including TCS and Wipro, won't materially hit its business.
Persistent Systems now holds about 94.04% of Germany's Nagarro after its €81-a-share offer and plans a squeeze-out of minority holders.