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The Economic Times
The Economic Times
Veer Sharma

TCS shares jump 4% after Q2 results. What are Goldman Sachs, Nomura, others saying?

TCS Nomura Goldman Sachs Veer Sharma Porsche SEBI

Shares of information technology major Tata Consultancy Services (TCS) rallied as much as 4% to their day’s high of Rs 2,163 on the BSE on Friday after reporting 15% year-on-year (YoY) growth in its consolidated net profit at Rs 13,884 crore for the second quarter. The same stood at Rs 12,075 crore a year ago. The Board has declared a second interim dividend of Rs 12 per share for the financial year 2026-27.

In constant currency terms, revenue rose 0.5% quarter-on-quarter. Operating margin came in at 24%, while net margin stood at 19%.

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