Tata Consultancy Services (TCS) reported its consolidated financial results for the quarter ending September 30, 2026, highlighting significant strategic wins and robust international growth. The company’s revenue for Q2 FY27 stood at ₹73,188 crore, marking a +1.3% QoQ and +11.2% YoY growth in INR. International revenue grew by 1.2% QoQ in Constant Currency. Notably, TCS’s annualized AI revenue crossed $3 billion, representing 10% of its total revenue.

Strategic Partnerships and Acquisitions

TCS announced two unique deals that represent a new category of transformation partnerships. The company signed a five-year strategic partnership with Porsche AG, establishing a dedicated AI Mobility Centre of Excellence for Porsche. Additionally, TCS will acquire MHP, Porsche’s Germany-based management and IT consulting subsidiary. The agreement to transition Best Buy’s Global Capability Center (GCC) in India to TCS, transforming it into an AI Capability Center (AICC), was also announced.

Industry Segments and Regional Performance

BFSI, Manufacturing, and Technology & Services led the growth, with respective Q-o-Q CC growth rates of +2.5%, +3.1%, and +3.1%. The Americas, particularly North America, showed a 0.4% QoQ CC growth, while Europe, especially the UK, exhibited a robust 3.5% QoQ CC growth.

As a result, TCS continues to strengthen its capabilities through acquisitions, partnerships, and investments in niche talent, maintaining strong cash conversion and industry-leading profitability.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Tata Consultancy Services Limited

Tata Consultancy Services Limited belongs to the Technology › Information Technology Services sector. Here’s a quick read on where the business and the stock stand today.

Tata posts a 1.5% three-month gain, but softens in the last few weeks. D/E sits at 0.10 with a 3.10% dividend and unbroken revenue growth. Financial stability is a genuine strength. The PEG of 2.85 is on the high side. However, it is acceptable for a quality compounder with a strong moat. The stock gives back 8.4% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 5.8% and profits at 5.3%, and the dividend yield stands at 3.10%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of Tata Consultancy Services Limited.

Mastek Limited (NSE: MASTEK) has been selected by Staffordshire County Council to deliver a significant Oracle Cloud transformation programme spanning Finance, Procurement, Human Resources and Payroll. The initiative will leverage Mastek’s proprietary ADOPT AI platform to modernize the council’s operations, consolidate legacy systems, and establish a modern digital foundation.

Modernizing Public Services

As one of England’s largest county councils, Staffordshire County Council serves over 875,000 residents and aims to simplify and standardize back-office processes. The new Oracle Cloud environment will enhance operational visibility, reduce manual effort, and support future organizational changes.

Strategic Partnership

Abhishek Singh, President UKI & Europe, Mastek, expressed enthusiasm about the partnership, highlighting the importance of modernizing operations and preparing for future changes. Pete Shakespear, Director of Finance & Resources, Staffordshire County Council, emphasized the council’s focus on modern, efficient, and scalable corporate systems.

This engagement marks another milestone in Mastek’s growth within UK Local Government, reinforcing its position as a trusted transformation partner for large-scale public sector modernization initiatives. The programme is particularly significant as councils across England prepare for local government reorganisation and seek scalable technology platforms to support organizational change.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Mastek Limited

Mastek Limited belongs to the Technology › Information Technology Services sector. Here’s a quick read on where the business and the stock stand today.

Mastek posts a 0.8% three-month gain, but softens in the last few weeks. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. The PEG of 1.07 sits close to fair value. The stock is neither a clear buy nor obviously expensive. The stock gives back 4.0% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 13.0% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Mastek Limited.

Birlasoft Limited (BSOFT) announced on October 8, 2026, that it has been named an OpenAI Select Partner within the OpenAI Partner Network. This partnership aims to help enterprises build, deploy, and scale AI solutions responsibly and effectively, leveraging Birlasoft’s deep domain expertise across various industries.

Enhanced AI Capabilities

As an OpenAI Select Partner, Birlasoft will continue working with OpenAI to enable enterprises to achieve more efficient outcomes from AI solutions. This partnership will allow Birlasoft to deliver measurable business outcomes by combining OpenAI’s frontier models with its technology capabilities and understanding of enterprise environments.

Industry-Specific Applications

Birlasoft’s work includes helping enterprises accelerate digital transformation, enhance operational efficiency, and develop industry-focused solutions tailored to evolving business needs. The company’s capabilities are delivering measurable outcomes across industries, including:

• Energy: GenAI and agentic workflows for preventive maintenance, enabling 20–30% faster asset health acknowledgement.
• Life Sciences: Conversational analytics and AI-led regulatory workflows, reducing query response time by up to 85%.
• Insurance: AI-led underwriting and document automation, reducing underwriting cycle time by 10–20%.
• MedTech: Agentic AI across enterprise workflows, reducing manual effort by 30–40% across 6+ workflows.

Looking ahead, Birlasoft plans to expand its OpenAI-related offerings, invest in talent and enablement, develop new solutions, and scale customer deployments, helping customers translate AI ambition into business outcomes.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of BIRLASOFT LIMITED

BIRLASOFT LIMITED belongs to the Technology › Information Technology Services sector. Here’s a quick read on where the business and the stock stand today.

BIRLASOFT posts a 2.7% three-month gain, but softens in the last few weeks. The PEG of 0.85 signals undervaluation relative to growth. It is a potential re-rating candidate. Revenue grows at 3.5% CAGR. The company generates cash but does not compound aggressively. The stock gives back 1.6% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 3.5% and profits at 16.1%, and the dividend yield stands at 2.33%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of BIRLASOFT LIMITED.