October 9, 2025
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TCS reports Q2 profit rise, 20,000 headcount reduction, major AI data centre investment and acquisition of ListEngage, plus interim dividend.
Regulatory filing discloses quarterly financial results, a Rs 1,135 crore severance charge and a 20,000 headcount reduction, with the 25.2% operating margin stated excluding severance. It announces incorporation of a wholly owned subsidiary to establish AI and sovereign data centres, a plan for a 1 GW AI data centre in India with over USD 6.5 billion investment and potential equity partners, acquisition of a US firm for USD 72.8 million, and declaration of a second interim dividend with specified record and payment dates.