CONNECT WITH US
AI & Deeptech

AI & Deeptech

AI services lift IT companies’ Q2 earnings: TCS doubles YoY intake, Infy reports 29% QoQ rise

IndiaTimes (ET) - AI logo

Published on

Add as a preferred source on Google
AI services lift IT companies’ Q2 earnings: TCS doubles YoY intake, Infy reports 29% QoQ rise

Business News Tech AI AI services lift IT companies’ Q2 earnings: TCS doubles YoY intake, Infy reports 29% QoQ rise

AI services lift IT companies’ Q2 earnings: TCS doubles YoY intake, Infy reports 29% QoQ rise

The latest quarterly results from India's leading IT companies demonstrate remarkable growth, primarily driven by the surge in artificial intelligence services. Tata Consultancy Services saw its AI revenue double year-over-year, and both HCLTech and Infosys reported significant increases in profits and revenues. Wipro took a more cautious approach, not disclosing AI figures but emphasizing transformation for its clients through AI solutions.

India’s top IT companies have begun reporting their second-quarter results, with many recording significant operating margin expansion on the back of Artificial Intelligence (AI)-led productivity gains, while also stating that AI-led automation is eating into their earnings.Here’s a look at the AI revenue contribution at major companies in the July–September quarter:Tata Consultancy ServicesTata Consultancy Services (TCS) posted a 15% rise in

A ₹3,000 crore tide: PE giants eye mega stake deal in Paper Boat

Tech Layoffs AI Agents social network Budget 2026 Live Updates Union Budget Speech Date and Time

Ethan Klein cheating: Who is Tamara Joseph and how did she meet the American-Israeli YouTuber? Hila Klein says 'I am living in a nightmare'

Lab-grown gold to crash prices? San Francisco’s Marathon Fusion just turned mercury into yellow metal

China banned TBM exports, but India is building its own tunnel boring machines; Ashwini Vaishnaw shares progress & status of 125-km Rishikesh-Karnaprayag railway line with 16 tunnels


Source link
Related Topics:AI & Deeptech

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.