{"id":69579,"date":"2025-10-09T13:47:08","date_gmt":"2025-10-09T13:47:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/69579\/"},"modified":"2025-10-09T13:47:08","modified_gmt":"2025-10-09T13:47:08","slug":"tcs-sets-course-to-become-the-worlds-largest-ai-led-technology-services-company","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/69579\/","title":{"rendered":"TCS sets course to become the world\u2019s largest AI-led technology services company"},"content":{"rendered":"<p>Broad-based growth and disciplined execution delivers strong Q2 performance<\/p>\n<p>Announces strategic investments\u00a0<\/p>\n<p>New business entity to build world class AI infrastructure &#8211; 1 GW capacity AI datacenter in India<br \/>\nBoard approves acquisition of ListEngage with deep capabilities in Salesforce<br \/>\nSustained investments in nurturing AI-first culture and talent &#8211; World\u2019s largest \u2018Ideate and Build\u00a0with AI\u2019 Hackathon with 275,000 TCSers<\/p>\n<p>MUMBAI, October 9, 2025: Tata Consultancy Services (BSE: 532540, NSE: TCS) reported its consolidated\u00a0financial results according to Ind AS and IFRS, for the quarter ending September 30, 2025.<\/p>\n<p>Highlights of the Quarter Ended September 30, 2025<\/p>\n<p>Revenue at $7,466 million, up 0.6% QoQ, Sequential growth: 0.8% in Constant Currency<br \/>\nInternational Revenue grows 0.6% QoQ in Constant Currency\u00a0<br \/>\nBroad-based growth across verticals, led by continued momentum in BFSI (+1.1% QoQ CC), TSS\u00a0(+1.8% QoQ CC)<br \/>\nLife Sciences and Healthcare (+3.4% QoQ CC), Manufacturing (+1.6% QoQ CC) and CMI (+0.8% QoQ\u00a0CC) deliver growth amidst industry specific challenges<br \/>\nOperating Margin at 25.2%; an expansion of 70 bps QoQ<br \/>\nNet Income at $1,464 million, +3.0% YoY | Net Margin at 19.6%<br \/>\nCash flow from Operations at 110.1% of Net Income\u00a0<br \/>\nQ2 Total Contract Value (TCV): US$10 billion<br \/>\nDividend per share: \u20b9 11 |\u00a0Record date October 15,2025\u00a0| Payment date November 4,2025<\/p>\n<p>K Krithivasan, Chief Executive Officer and Managing Director, said \u201cI am pleased with our strong Q2 performance. I would like to thank all our employees for their dedication and excellence. We are on a journey to become the world\u2019s largest AI-led technology services company. Our journey is anchored in bold transformation across talent, infrastructure, ecosystem partnerships and customer value. The investments including the building of a world-class AI infrastructure business demonstrate our commitment to this transformation.\u201d<\/p>\n<p>Aarthi Subramanian, Executive Director &#8211; President and Chief Operating Officer,\u00a0said \u201cWe delivered strong growth momentum led by Data, Cloud and AI powered enterprise transformation. Our customer engagements are focused on rapid value realization to deliver speed, efficiency and growth. TCS&#8217; AI Hackathon set a new benchmark \u2013 is the largest, most diverse and innovative AI-first culture building initiative. Our new AI and Services Transformation unit will further scale and integrate our efforts.\u201d<\/p>\n<p>Samir Seksaria, Chief Financial Officer, said, \u201cWe achieved good growth momentum across all verticals this quarter. Our disciplined execution helped us expand our margins while making strategic investments. We have prioritized wage hikes, building future-ready capabilities and establishing new ecosystem partnerships. Looking ahead, our financial resilience and robust balance sheet will support both internal transformation initiatives and external investments aligned with our aspiration.\u201d<\/p>\n<p>Sudeep Kunnumal, Chief HR Officer, said: \u201cI am honoured to take over this responsibility as we chart our path to becoming the world\u2019s largest AI-led technology services company. I look forward to working with our employees and all stakeholders as we pursue this exciting vision\u201d.<\/p>\n<p>Q2 FY26 Segment Highlights<\/p>\n<p>Growth by Domain<\/p>\n<p>Industry<br \/>\nComposition (%)<\/p>\n<p>Q-o-Q<\/p>\n<p>CC Growth (%)\u00a0<\/p>\n<p>Y-o-Y<\/p>\n<p>CC Growth (%)<\/p>\n<p>Q2 FY25<br \/>\nQ1 FY26\u00a0<br \/>\nQ2 FY26<br \/>\nBFSI<br \/>\n30.8<br \/>\n32.0<br \/>\n32.2<br \/>\n1.1<br \/>\n1.0<br \/>\nConsumer Business\u00a0<br \/>\n15.2<br \/>\n15.6<br \/>\n15.3<br \/>\n&#8211; 1.0<br \/>\n&#8211; 2.9<br \/>\nLife Sciences &amp; Healthcare<br \/>\n10.3<br \/>\n10.2<br \/>\n10.5<br \/>\n3.4<br \/>\n&#8211; 2.2<br \/>\nManufacturing<br \/>\n8.6<br \/>\n8.7<br \/>\n8.8<br \/>\n1.6\u00a0<br \/>\n&#8211; 1.1<br \/>\nTechnology &amp; Services<br \/>\n8.0<br \/>\n8.4\u00a0<br \/>\n8.5<br \/>\n1.8<br \/>\n2.8<br \/>\nCommunication &amp; Media<br \/>\n5.9<br \/>\n5.8<br \/>\n5.9<br \/>\n0.8\u00a0<br \/>\n&#8211; 5.1<br \/>\nEnergy, Resources and Utilities<br \/>\n5.7<br \/>\n5.9\u00a0<br \/>\n5.9<br \/>\n0.6<br \/>\n0.2<br \/>\nRegional Markets &amp; Others<br \/>\n15.5<br \/>\n13.4<br \/>\n12.9<br \/>\n&#8211; 1.1\u00a0<br \/>\n&#8211; 18.1<br \/>\nTotal<br \/>\n100.0<br \/>\n100.0\u00a0<br \/>\n100.0<br \/>\n0.8<br \/>\n&#8211; 3.3<\/p>\n<p>Growth by Markets<\/p>\n<p>Geography<br \/>\nComposition (%)<\/p>\n<p>Q-o-Q<\/p>\n<p>CC Growth (%)<\/p>\n<p>Y-o-Y<\/p>\n<p>CC Growth (%)<\/p>\n<p>Q2 FY25<br \/>\nQ1 FY26<br \/>\nQ2 FY26<br \/>\nAmericas<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\nNorth America<br \/>\n47.6<br \/>\n48.7<br \/>\n48.8<br \/>\n0.8<br \/>\n&#8211; 0.1<br \/>\nLatin America<br \/>\n1.8<br \/>\n1.9<br \/>\n1.9<br \/>\n0.3<br \/>\n1.8<br \/>\nEurope<br \/>\n\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<br \/>\n\u00a0<br \/>\n\u00a0<br \/>\nUK<br \/>\n17.0<br \/>\n18.0<br \/>\n17.5<br \/>\n&#8211; 1.4<br \/>\n&#8211; 1.9<br \/>\nContinental Europe<br \/>\n14.6<br \/>\n15.0<br \/>\n15.3<br \/>\n1.4<br \/>\n&#8211; 3.0<br \/>\nAsia Pacific<br \/>\n8.0<br \/>\n8.4<br \/>\n8.3<br \/>\n0.3<br \/>\n2.0<br \/>\nIndia<br \/>\n8.9<br \/>\n5.8<br \/>\n5.8<br \/>\n4.0<br \/>\n&#8211; 33.3<br \/>\nMEA<br \/>\n2.1<br \/>\n2.2<br \/>\n2.4<br \/>\n5.9<br \/>\n12.7<br \/>\nTotal<br \/>\n100.0<br \/>\n100.0<br \/>\n100.0<br \/>\n0.8<br \/>\n-3.3<\/p>\n<p>\u00a0<\/p>\n<p>Key Highlights:<\/p>\n<p>Expanded strategic partnership with Tryg, a leading Scandinavian non-life insurance company that\u00a0operates in Denmark, Sweden, and Norway. As part of the seven-year $647 million agreement, TCS\u00a0will partner with Tryg to simplify and standardise operations across its three major markets and drive\u00a0technological transformation, to accelerate the company\u2019s growth journey.<br \/>\nA leading global healthcare company is significantly expanding its strategic partnership with TCS\u00a0through a multi-year multi-hundred-million-dollar contract that aims to accelerate growth and\u00a0transformation across value-based care, health benefits, pharmacy services, and customer\u00a0experience. The partnership encompasses a broad scope of services, including AI, cloud solutions,\u00a0data management, digital services, cybersecurity, enterprise solutions, and innovation. This\u00a0achievement stands as a testament to TCS&#8217; deep domain expertise, AI-led delivery capabilities, and\u00a0strategic investments in innovation, positioning the company as a trusted transformation and\u00a0Innovation partner.<br \/>\nALDI SOUTH has extended its strategic partnership with TCS to modernize its IT infrastructure and\u00a0application landscape across continents. As part of this engagement, TCS will deliver its Cloud\u00a0Operations Solution to drive automation, strengthen cyber resilience, and enhance service delivery\u00a0while reducing costs and complexity. This long-term collaboration reinforces TCS\u2019 role as ALDI\u00a0SOUTH\u2019s trusted technology partner, enabling the retailer to build a scalable, adaptive, and future-ready enterprise.<br \/>\nExpanded collaboration with Weatherford International, a multinational oilfield service company\u00a0headquartered in North America, with a focus on enhancing operational efficiencies across critical\u00a0domains such as finance, supply chains, and human resources using advanced AI solutions. TCS will\u00a0leverage its expertise in automation, artificial intelligence, and digital optimization to drive\u00a0enterprise-wide business transformation initiatives for Weatherford.<br \/>\nPartnered with NOW Corporation\u2019s telecom arm, to bolster national digital sovereignty, enable\u00a0financial inclusivity, and build a clean network for the Philippines. Through this Memorandum of\u00a0Understanding (MoU), TCS commits itself to support the company with capabilities to expand trusted\u00a0networks, provide sovereign cloud technology and a cyber-defense suite, along with creating robust\u00a0citizen-centric services.<br \/>\nLaunched a new AI-driven operations center in Mexico City, reiterating the company\u2019s commitment\u00a0to continue accelerating innovation in Mexico and Latin America. The new office in Mexico City is\u00a0TCS\u2019 eighth operations center in Mexico where the company has built a workforce of over 11,000\u00a0highly skilled associates over the last 22 years.<br \/>\nSelected by Kesko, a leading Finnish retail group, as its strategic IT partner to spearhead the\u00a0transformation of its core technology landscape across the Nordics and Baltics. This partnership is\u00a0set to play a pivotal role in Kesko\u2019s journey to modernize operations, enhance business agility, and\u00a0support its long-term growth and expansion ambitions in grocery, car, building and technical trades\u00a0across multiple geographies and sectors.<br \/>\nEnabled ICICI Lombard to achieve fully automated AWS multi-region Disaster Recovery (DR)\u00a0switchover. This establishes ICICI Lombard as one of the first insurance companies in India to achieve\u00a0fully automated multi-region resilience on the Amazon Web Services (AWS) Cloud.<br \/>\nAnnounced a partnership with Unilab, Inc., a leading pharmaceutical and healthcare company in\u00a0the Philippines, to modernize its core business systems through a strategic cloud migration. This\u00a0transformation will strengthen Unilab\u2019s digital infrastructure, enhance operational agility, and drive\u00a0long-term business growth.<br \/>\nAnnounced a multi-year partnership with ARN Media, one of Australia\u2019s leading audio-led\u00a0entertainment companies, to streamline operations, bringing together automation, global delivery\u00a0optimization, and creating a cloud-first data platform.<br \/>\nAnnounced the launch of Chiplet-based System Engineering Services, designed to help\u00a0semiconductor companies push the boundaries of traditional chip design. By using chiplets (which\u00a0are small integrated circuits that serve as building blocks of larger chips), TCS is enabling chipmakers\u00a0to deliver faster, efficient, and more powerful processors at a time when global demand for advanced\u00a0semiconductors is soaring.<br \/>\nAnnounced strategic partnership with The Warehouse Group, largest retailing group in New Zealand, to support the next phase of the retailer\u2019s digital transformation journey. Under the scope of the\u00a0partnership, TCS will focus on technology modernization and transformation by streamlining and\u00a0consolidating platforms and maximizing value from existing investments across the end-to-end retail\u00a0value chain. TCS will support the Group in building the capabilities and services needed to improve\u00a0performance.<br \/>\nSelected by a leading Australian bank to transform its Mortgage and Institutional Banking back-office operations. As part of the engagement, TCS will help the bank improve operational efficiency\u00a0and elevate experience by embedding advanced AI and GenAI solutions into its core processes. This,\u00a0combined with intelligent automation and data-driven insights, will enable the bank to speed up\u00a0decision-making, improve accuracy, and ensure seamless service delivery across the critical banking\u00a0functions.<br \/>\nExpanded our strategic partnership with a large U.S. Insurer to help them drive operational stability,\u00a0optimize cost, and enhance productivity in the infrastructure engineering space. As a part of this\u00a0multi-year deal, TCS will consolidate multiple infrastructure technology towers across Site Reliability,\u00a0Database Reliability &amp; Cloud Operations. By adopting a scalable operating model and leveraging\u00a0advanced software engineering and AI, TCS will also assist in migrating critical application workloads\u00a0to a new infrastructure. The transformation will not only build reliability in operations but also set\u00a0Insurer on the path of long-term sustained growth.<br \/>\nA leading North American enterprise networking company has selected TCS as a partner for AI-infused Application Maintenance and Support across Enterprise functions. As part of the deal, TCS\u00a0will also expand the Full Stack Observability Lab services to further strengthen end-to-end\u00a0monitoring. By integrating cognitive automation at the core of IT operations, TCS aims to deliver\u00a0substantial cost efficiencies and increased business value over the three-year duration of the\u00a0agreement.<br \/>\nExpanded strategic partnership with an Australia-based integrated infrastructure services provider\u00a0for its AI-driven business operations. TCS has been a strategic partner spanning across transformation\u00a0and managed services programs across Cloud, Infrastructure, Enterprise Solutions. In the quarter\u00a0gone by, the client further advanced its partnership with TCS for advanced AI platform such as ignio\u2122 and AI WisdomNext, and consultation of ERPs for achieving operational efficiency, resilience and TCO\u00a0reduction.<br \/>\nTCS has extended its partnership with a leading US insurer to drive technology and business\u00a0transformation initiatives, and enable the client\u2019s shift toward an AI-driven future. TCS will provide\u00a0enhanced support across key areas including Insurance and Retirement, Investment Solutions,\u00a0Technology, Cybersecurity, Marketing, Actuarial, and Data Management. This extension reaffirms\u00a0TCS\u2019 role as a trusted transformation partner, committed to delivering innovation, and long-term\u00a0value.<br \/>\nTCS has secured a multi-year strategic partnership with a leading UK-based Insurance services\u00a0provider to transform and manage its digital platforms. TCS will deploy AI based innovative solutions\u00a0to build an integrated engineering platform to optimize IT Change and Operations. Additionally,\u00a0Agentic AI-enabled solutions will be delivered across front and back-office functions to enhance\u00a0operational efficiency and elevate customer experience.<\/p>\n<p>Customer Speak:<\/p>\n<p>\u201cWe are simplifying our IT landscape enabling us to further invest in new technology and develop our business across Scandinavia. This means we can deliver the best customer experiences, continue to differentiate Tryg in the market, and strengthen our competitiveness. The extended partnership with TCS, which is one of the leading technology companies in the world, is a key initiative supporting our 2027 target to simplify and scale Tryg\u2019s business. TCS is the right partner to assure an important contribution towards achieving our ambition.\u201d<\/p>\n<p>Johan Kirstein Brammer, Group CEO, Tryg<\/p>\n<p>\u201cWith the energy sector facing rapid technological advancements and heightened demands for efficiency, this renewed partnership with TCS underscores the strategic importance of integrating AI-driven solutions and process optimization. These innovations are crucial not only to drive operational excellence but to position Weatherford as a leader in adapting to the evolving industry landscape. By leveraging TCS\u2019 expertise, we aim to enhance scalability, foster innovation, and ensure sustainable growth while reinforcing our commitment to delivering unmatched value to our customers.\u201d\u00a0<\/p>\n<p>Girish Saligram, President and CEO at Weatherford International<\/p>\n<p>\u201cThe NOW Group warmly welcomes the partnership with TCS in building the Sovereign Data Cloud Infrastructure for both the public and private sectors in the Indo-Pacific region. This partnership with TCS, a global market giant, marks a significant step towards enhancing our national digital sovereignty and reducing reliance on foreign technologies. NOW\u2019s and TCS\u2019 expertise and innovative services will contribute to our nation\u2019s data sovereignty by defending against risks and threats while creating a scalable, secure, and robust data infrastructure. The partnership between NOW and TCS exemplifies the technological aspirations of both India and the Philippines, heralding a new dawn of critical digital transformation for the Philippines.\u201d<\/p>\n<p>Mel Velarde, Chairman of the NOW Group<\/p>\n<p>\u201cAs the biggest trading sector operator in Finland and one of the biggest in Northern Europe, we are always working to stay competitive and bring our large and diverse customer bases more value. That is why we are partnering with TCS to continuously improve our quality, efficiency and the multichannel customer experience, while staying innovative and resilient amidst uncertainties in the operating environment.\u201d<\/p>\n<p>Arto Hiltunen, Chief Information Officer, Kesko<\/p>\n<p>\u201cWith resilience at the core of our digital operating model, and TCS as our strategic technology partner, we\u2019ve been able to transform our disaster recovery capabilities into a truly agile, automated and cloud-native setup. This not only enhances our readiness for unexpected infrastructure disruptions but also reinforces our commitment to uninterrupted service to our customers. I would like to thank and congratulate TCS for enabling this automated disaster recovery solution by leveraging their cloud expertise in the insurance domain.\u201d<\/p>\n<p>Girish Nayak, Chief \u2013 Technology and Health (Underwriting &amp; Claims), ICICI Lombard<\/p>\n<p>\u201cWe\u2019ve spent the past year lowering costs, but this partnership allows us to go deeper. TCS will build on our current cost initiatives and unlock the capability and capacity to obtain more value from the technology investments we\u2019ve made to date. The partnership is estimated to reduce costs in licenses and managed services by up to $40 million over five years and will help free up our technology teams to focus on what matters most, delivering more value for our customers, communities, and shareholders.\u201d<\/p>\n<p>Mark Stirton, Group Chief Executive Officer, The Warehouse Group<\/p>\n<p>\u201cARN\u2019s ambition is to be Australia\u2019s leading All Audio company, focused on growing our audiences across every platform and device, driving innovation and delivering outstanding commercial performance. Our focus is on ensuring we can deliver on our ambitions by streamlining how we work and introducing smarter tools and systems. Our strategic partnership with TCS is a significant step towards building a leaner, more agile organisation that is investing in core activities of content creation, audience growth and digital capability.\u201d<\/p>\n<p>Ciaran Davis, Chief Executive Officer, ARN<\/p>\n<p>\u201cWe\u2019ve partnered with TCS for our digital transformation, enhancing our infrastructure in line with our EveryWhen rebranding. The adoption of Generative AI marks not just a technology upgrade, but signifies a cultural shift, enabling AI-driven operations powered by the Azure OpenAI platform. Collaborating with TCS, we aim to elevate intelligent automation and establish a unified ecosystem. Our vision is to create an AI-driven enterprise where HR, Finance, and other functions cohesively collaborate, enhancing operational resiliency while driving efficiency and delivering a superior experience for both employees and customers.\u201d\u00a0<\/p>\n<p>Tom Clark \u2013 CTO, Ardonagh Advisory<\/p>\n<p>Research and Innovation:<\/p>\n<p>As on September 30, 2025, the company applied for 9,226 patents, including 239 applied during the quarter, and has been granted 5,086 patents including 147 granted during the quarter.<\/p>\n<p>Key highlights during the quarter<\/p>\n<p>Partnered with CEA, among the world\u2019s most innovative research institutions to accelerate innovation and industrialization of Physical AI solutions. Physical AI is focused on bringing together robotics, artificial intelligence, and intelligent systems to help machines perceive, interpret, and interact with the physical world, thus advancing digital transformation and modernization of industrial processes. TCS and CEA\u2019s leading French research institute for intelligent digital systems, will drive the design, development, and deployment of cutting-edge Physical AI-powered systems for real-world applications.<br \/>\nPartnered with Qualcomm to set up the \u2018TCS Innovation Lab\u2019, a space for co-innovation with Qualcomm in Bengaluru. TCS and Qualcomm will co-create smart, scalable, and sustainable Edge AI capabilities utilising Qualcomm\u00ae\u202fplatforms for industries moving towards a software-driven approach to make their systems more efficient and resilient in the lab. The co-innovation lab will enable the creation of customised low-cost solutions that can be deployed on intelligent devices, on location and in real time to streamline processes at large enterprises.<br \/>\nSigned a Memorandum of Understanding (MoU) with the Centre for Development of Advanced Computing (C-DAC) to accelerate the development of India\u2019s sovereign cloud ecosystem. As India doubles down on self-reliant and secure digital infrastructure, this collaboration aims to deliver scalable, and AI-enabled cloud platforms that align with India\u2019s data localization mandates and support the digital transformation of critical public sector services.<br \/>\nCollaborated with\u202fMIT Sloan Management Review\u202fto launch a\u202fnew research series\u202fto explore the next phase of human and AI collaboration in large enterprises. As enterprises the world over are proactively investing in deploying AI-led solutions to transform their business operations, this multi-sectoral study deeply examines the new paradigms that will redefine the use of AI in global enterprise environments.<br \/>\nPartnered with the Indian Institute of Technology Kanpur, to address one of India\u2019s most pressing challenges: sustainable urbanization. AIRAWAT Research Foundation was set up by IIT Kanpur with support from the Ministry of Education and the Ministry of Housing and Urban Affairs to rethink the way we build our cities. As part of this partnership, TCS and the Foundation will leverage AI and advanced technologies to tackle the challenge of urban planning at scale, in India.<\/p>\n<p>Awards and Recognition:<\/p>\n<p>Ranked among top\u202f20 global technology brands\u202fin\u202fBrand Finance\u2019s Technology 100 2025 list<br \/>\nCaptured\u202fthe\u202fNewsweek\u202fAmerica&#8217;s Greatest Workplaces by State (New York) award, underscoring its credentials as an excellent employer.<br \/>\nWon the\u202fUK Service Provider for the Year 2025\u202falong with\u202fthree other recognitions including\u202fStrategic Sourcing team of the year,\u202fUtilities programme of the year\u202fand\u202fBusiness Service Programme of the year by Global Sourcing Association\u2014UK<br \/>\nWon the\u202fExcellence in Innovation Award\u202fat\u202fRed Hat Ecosystem Awards 2025<br \/>\nRanked #1 for its\u202fAgentic AI healthcare demo\u202fat the\u202fAmazon Nova Partner Demo competition<br \/>\nIn partnership with Lloyds Banking Group\u202fwon the\u202fCloud Management Solution of the Year Award\u00a0at Cloud Excellence Awards 2025,\u202ffor Adaptive Cloud Management Suite<br \/>\nAwarded at the\u202fAXA Supplier Event 2025\u202ffor\u202fEstablishing Quality of Services (QoS) Foundations<br \/>\nWon\u202fmultiple\u202fStevie International Business Awards\u202ffor excellence in brand experience, sustainability, products &amp; services, and technology<br \/>\nReceived multiple recognitions at the\u202fBrandon Hall Group excellence awards 2025\u202ffor implementing learning strategies, talent management, mentoring, talent development initiatives, diversity, compliance and several HR programs<br \/>\nWon 4\u202fGold awards\u202fat the\u202fInquirer ESG Edge Impact Awards 2025<br \/>\nCustomer Intelligence &amp; Insights\u2122 for retail won\u202fthe 2025 MarTech Breakthrough Award for Marketing Leadership &#8211; Best Retail Technology Solution<\/p>\n<p>Industry Analyst Assessments:<\/p>\n<p>TCS was positioned the foremost Leader or ranked #1 in 7 competitive assessments published by leading research firms in Q2 FY26.\u00a0<\/p>\n<p>TCS was ranked a Leader in other 54 competitive assessments published by leading research firms in Q2 FY26.<\/p>\n<p>Analyst Firm<br \/>\nFirm Wise Report Type<br \/>\nReport Title<br \/>\nGartner<br \/>\nMarket Quadrant<br \/>\nEmerging Market Quadrant for Generative AI Consulting and Implementation Services*<br \/>\nEverest<br \/>\nPEAK Matrix<br \/>\nFinancial Crime and Compliance (FCC) Operations Services PEAK Matrix\u00ae Assessment 2025*<br \/>\nNelsonHall<br \/>\nNEAT<br \/>\nMortgage &amp; Loan Services 2025*<br \/>\nEverest<br \/>\nPEAK Matrix<br \/>\nDigital Workplace Services PEAK Matrix\u00ae Assessment 2025 \u2013 Global*<br \/>\nTechMarketView<br \/>\nRanking Report<br \/>\nUK Applications Operations Market: Suppliers, Trends &amp; Forecasts 2025*<br \/>\nIDC<br \/>\nMarketScape<br \/>\nIDC MarketScape: India IT\/Digital Transformation Services for Public Sector 2025 Vendor Assessment*<br \/>\nEverest<br \/>\nPEAK Matrix<br \/>\nTalent Readiness for Next-generation Cloud Services PEAK Matrix\u00ae Assessment 2025*<\/p>\n<p>IFRS Financial Statements<\/p>\n<p>Consolidated Statements of Comprehensive Income<\/p>\n<p>For the three-month periods ended Sep 30, 2024, June 30, 20ded Sep 30, 2024, June 30, 2025, and Sep 30, 2025<\/p>\n<p>(In millions of $, except per share data)<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Three-month period ended\u00a0<\/p>\n<p>Sep 30, 2024<\/p>\n<p>Three-month period ended\u00a0<\/p>\n<p>June 30, 2025<\/p>\n<p>Three-month period ended\u00a0<\/p>\n<p>Sep 30, 2025<\/p>\n<p>Revenue<br \/>\n7,670\u00a0<br \/>\n7,421\u00a0<br \/>\n7,466\u00a0<br \/>\nCost of revenue<br \/>\n4,741\u00a0<br \/>\n4,517\u00a0<br \/>\n4,512\u00a0<br \/>\nGross margin<br \/>\n2,929\u00a0<br \/>\n2,904\u00a0<br \/>\n2,954\u00a0<br \/>\nSG &amp; A expenses<br \/>\n1,083<br \/>\n1,089\u00a0<br \/>\n1,075\u00a0<br \/>\nOperating income<br \/>\n1,846\u00a0<br \/>\n1,815\u00a0<br \/>\n1,879\u00a0<br \/>\nOther income (expense), net<br \/>\n68<br \/>\n172\u00a0<br \/>\n73\u00a0<br \/>\nIncome before income taxes<br \/>\n1,914\u00a0<br \/>\n1,987\u00a0<br \/>\n1,952\u00a0<br \/>\nIncome taxes<br \/>\n487\u00a0<br \/>\n487\u00a0<br \/>\n482\u00a0<br \/>\nIncome after income taxes<br \/>\n1,427\u00a0<br \/>\n1,500\u00a0<br \/>\n1,470\u00a0<br \/>\nNon-controlling interests<br \/>\n6\u00a0<br \/>\n7\u00a0<br \/>\n6\u00a0<br \/>\nNet income<br \/>\n1,421\u00a0<br \/>\n1,493\u00a0<br \/>\n1,464\u00a0<br \/>\nEarnings per share in $<br \/>\n0.39<br \/>\n0.41<br \/>\n0.40\u00a0<\/p>\n<p>*Q2 FY26 excludes one off Re-structuring expenses of $129Mn<\/p>\n<p>Consolidated Statements of Financial Position<\/p>\n<p>As of March 31, 2025, and Sep 30, 2025<\/p>\n<p>(In millions of $)<\/p>\n<p>\u00a0<\/p>\n<p>As of March 31,\u00a0\u00a0<\/p>\n<p>2025\u00a0<\/p>\n<p>As of Sep 30,\u00a0\u00a0<\/p>\n<p>2025\u00a0<\/p>\n<p>Assets\u00a0<\/p>\n<p>Property and equipment<\/p>\n<p>1,514\u00a0\u00a0<\/p>\n<p>1,530\u00a0\u00a0<\/p>\n<p>Right-of-use Assets<\/p>\n<p>1,086\u00a0\u00a0<\/p>\n<p>1,204\u00a0\u00a0<\/p>\n<p>Intangible assets and Goodwill<\/p>\n<p>580\u00a0\u00a0<\/p>\n<p>535\u00a0\u00a0<\/p>\n<p>Accounts Receivable<\/p>\n<p>5,880\u00a0\u00a0<\/p>\n<p>6,115\u00a0\u00a0<\/p>\n<p>Unbilled Revenues<\/p>\n<p>1,811\u00a0\u00a0<\/p>\n<p>1,873\u00a0\u00a0<\/p>\n<p>Invested Funds<\/p>\n<p>5,526\u00a0\u00a0<\/p>\n<p>6,301\u00a0\u00a0<\/p>\n<p>Other current assets<\/p>\n<p>1,458\u00a0\u00a0<\/p>\n<p>1,310\u00a0\u00a0<\/p>\n<p>Other non-current assets<\/p>\n<p>1,076\u00a0\u00a0<\/p>\n<p>1,104\u00a0\u00a0<\/p>\n<p>Total Assets\u00a0<\/p>\n<p>18,931\u00a0<\/p>\n<p>19,972\u00a0<\/p>\n<p>Liabilities and Shareholders&#8217; Equity\u00a0<\/p>\n<p>Shareholders&#8217; Funds<\/p>\n<p>11,337\u00a0\u00a0<\/p>\n<p>12,222\u00a0\u00a0<\/p>\n<p>Current liabilities<\/p>\n<p>6,202\u00a0\u00a0<\/p>\n<p>6,225\u00a0\u00a0<\/p>\n<p>Non-current liabilities<\/p>\n<p>1,270\u00a0\u00a0<\/p>\n<p>1,405\u00a0\u00a0<\/p>\n<p>Non-controlling interests<\/p>\n<p>122\u00a0\u00a0<\/p>\n<p>120\u00a0\u00a0<\/p>\n<p>Total Liabilities\u00a0<\/p>\n<p>18,931\u00a0<\/p>\n<p>19,972\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Broad-based growth and disciplined execution delivers strong Q2 performance Announces strategic investments\u00a0 New business entity to build world&hellip;\n","protected":false},"author":2,"featured_media":69580,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,218,219,61,60,80],"class_list":["post-69579","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-ie","tag-ireland","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/69579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=69579"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/69579\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/69580"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=69579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=69579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=69579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}