TCS Q2 results show consolidated revenue of $7.642 billion for the quarter ended September 30, 2026. The company also announced a ₹12-per-share dividend, with October 14 as the record date and October 30 as the payment date.
Revenue: compare the same currency measure
In its October 8 release, Tata Consultancy Services reported revenue growth of 0.2% from the preceding quarter and 2.4% from a year earlier in US dollars. Sequential growth was 0.5% in constant currency, a measure intended to separate currency movements from the revenue comparison.
Those percentages are not interchangeable. A dollar growth rate and a constant-currency growth rate answer different questions; neither should be relabelled as rupee growth. This report uses the issuer’s dollar figures without adding an exchange-rate conversion.
Dividend: two dates, two purposes
The record date concerns shareholder eligibility; the payment date concerns distribution. October 30 should not be read as the purchase deadline. This report has not independently verified the exchange’s ex-dividend notice, so it does not provide a last-buy-date instruction.
The AI number is a run rate
TCS disclosed annualized AI revenue of $3.1 billion. Annualized means a rate expressed over a year: it is not $3.1 billion earned from AI during this single quarter. Readers should keep that period distinction visible when comparing it with quarterly consolidated revenue.
The release also reports a 24.0% operating margin and $9.6 billion of total contract value. Contract value is not interchangeable with revenue already recognized in the quarter. No share-price reaction or future earnings forecast has been inferred from these figures.
Evidence and what to watch
CapKet checked TCS’s official results release at 5:48 PM IST and cross-checked the revenue and AI labels on its investor-relations page at 5:49 PM IST on October 8, 2026. Both are issuer sources, not independent accounts.
Watch the formal exchange entitlement notice before making a dividend-timing decision. For a different disclosure stage, CapKet’s Samsung guidance report explains why preliminary estimates should not be confused with final accounts.