TCS opens FY27 with a mixed Q1 but a $9.5B AI-led order book

Markets/Business Standard/
TCS opens FY27 with a mixed Q1 but a $9.5B AI-led order book
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Tata Consultancy Services opened FY27 with a mixed first quarter: revenue rose about 14% to ₹72,275 crore, but net profit climbed just 4.6% to ₹13,349 crore as margins stayed pressured. A $9.5 billion order book, an $800 million AI-led deal with SKF, and a $2.6 billion annualized AI revenue run rate suggest enterprise AI spending is holding up despite near-term caution.

3 sources

  1. 01TCStcs.com
  2. 02Forbes India — TCS Q1FY27: AI deals drive $2.6B annual revenue run rateforbesindia.com
  3. 03Business Today — TCS Q1 results: Net profit rises to Rs 13,349 cr, revenue up 14%businesstoday.in