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Tata Group: TCS and Tata Elexi stock in focus after they announce Q2 FY26 results

Tata Group companies TCS and Tata Elxsi reported Q2 FY26 results, with TCS net profit at ₹12,075 crore and Tata Elxsi at ₹154.8 crore, showing revenue growth and margin improvement.

Introduction

Leading IT and technology firms reported Q2 FY26 results, with net profits of ₹12,075 crore and ₹154.8 crore, alongside revenue growth, margin improvement, and operational updates including dividends and restructuring expenses.

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Share price movement of TCS

On October 10, 2025, Tata Consultancy Services Ltd opened at ₹3,064.90, up 0.10% from its previous close of ₹3,061.95. The stock reached a high of ₹3,070.05 (0.26%) and a low of ₹3,015.00. By 11:23 AM, it traded at ₹3,032.00, a 0.98% decrease, with a market cap of ₹10,97,004.14 crore.

Share price movement of Tata Elxsi

On October 10, 2025, Tata Elxsi Ltd opened at ₹5,573.15, up 0.00% from its previous close of ₹5,573.15. The stock reached a high of ₹5,616.50 (0.77%) and a low of ₹5,395.00. By 11:25 AM, it traded at ₹5,432.90, a 2.52% decrease, with a market cap of ₹33,832.34 crore.

TCS and Tata Elxsi Q2 Results Update

Tata Consultancy Services (TCS) reported a 1.4% year-on-year rise in consolidated net profit to ₹12,075 crore for Q2 FY26. The company declared a second interim dividend of ₹11 per share.

Sequentially, TCS net profit declined due to restructuring expenses of ₹1,135 crore. The job cuts are expected to impact over 12,000 employees, reflecting ongoing operational realignment and cost optimization measures.

TCS reported revenue of ₹65,799 crore, up 3.7% sequentially and 0.8% in constant currency. Operating margin expanded by 70 basis points to 25.2%, while net margin improved to 19.6%.

Tata Elxsi reported a 7.2% sequential rise in net profit to ₹154.8 crore for Q2 FY26, compared with ₹144.4 crore in the previous quarter. Revenue grew 2.9% to ₹918.1 crore.

EBIT for Tata Elxsi increased 4.7% to ₹169.9 crore. Operating margin improved to 18.5% from 18.2%. EBITDA rose 3.54% to ₹193.3 crore, signalling early stability after a muted financial year start.

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About TCS

Tata Consultancy Services Ltd (NSE: TCS) is a flagship Tata Group company offering IT services, consulting, and business solutions, providing technology, engineering, and integrated services to global enterprises for over 50 years.

About Tata Elxsi

Tata Elxsi Ltd (NSE: TATAELXSI) is a global leader in design and technology services, offering end-to-end solutions across automotive, media, communications, and healthcare industries through research, design, software, and deployment.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Tata Consultancy Services (TCS) share price in focus today?

A: TCS share price is in focus after reporting Q2 FY26 net profit of ₹12,075 crore and announcing a second interim dividend of ₹11 per share.

Q: Why is Tata Elxsi (TATAELXSI) share price in focus today?

A: Tata Elxsi share price is in focus after Q2 FY26 net profit rose 7.2% sequentially to ₹154.8 crore with revenue at ₹918.1 crore.

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