Tata Consultancy Services (TCS) has unveiled a series of strategic initiatives aimed at strengthening its AI capabilities and digital infrastructure. The company plans to set up a 1 GW capacity AI data center in India, positioning itself to support the growing demand for advanced AI solutions across industries.
As part of its expansion, TCS will acquire ListEngage, a company renowned for its expertise in Salesforce, further strengthening TCS’s cloud and CRM capabilities, for up to USD 72.8 million. Additionally, the company is establishing a new business entity focused on AI infrastructure, signaling its commitment to driving innovation and delivering cutting-edge technology solutions.
TCS Q2 Results
Tata Consultancy Services (TCS) posted its Q2 FY26 results, reflecting a mixed performance on a quarter-on-quarter (QoQ) basis. The company reported a net profit of ₹12,075 crore, down 5.4% from ₹12,760 crore in the previous quarter.
However, TCS showed strong top-line growth, with revenues rising 3.7% QoQ to ₹65,799 crore. Earnings before interest and taxes (EBIT) increased 6.8% QoQ to ₹16,565 crore, while the EBIT margin improved to 25.2% from 24.46% in the prior quarter.
On a constant currency basis, revenue grew 0.8%, surpassing analyst expectations of 0.1%–0.3%, highlighting resilience amid global market challenges.