Debasis Mohapatra
Bengaluru, 19 October 2025
Tata Consultancy Services posted largely inline revenue growth in the July-September period of FY26. The Tata Group company, which announced major initiative in the AI space, saw its headcount falling during this period.
Here is a snapshot:
Key performance indicators of TCS in Q2FY26:
| Particulars | Q2FY26 | Rise/Fall |
| Revenue | $7.46 billion | 0.8% Q-o-Q in Constant Currency term ↑ |
| Operating Margin | 25.2% | 70 basis points ↑ |
| Deal Pipeline | $10 billion | NA |
| Total Headcount | 593,314 | 19,755↓ |
Performance of key verticals in Q2FY26:
| Particulars | Percentage of Total Revenue | Rise/Fall (QoQ) |
| BFSI | 32.2 | 1.1% ↑ |
| Consumer Business | 15.3 | – 1% ↓ |
| Life Sciences & Healthcare | 10.5 | 3.4% ↑ |
| Technology & Services | 8.8 | 1.8% ↑ |
| Communication & Media | 8.5 | 0.8% ↑ |
| Nature of Client | Number |
| $100 million + | 60 |
| $50 million + | 136 |
| $20 million + | 302 |
