BusinessTCS Q2 Profit Beats Estimates; AI Revenue Tops $3 Billion
TCS reported Q2 profits above expectations, with annualized AI revenue exceeding $3 billion, accounting for 10% of total revenue. However, an analyst noted that AI growth is offsetting weakness in the legacy business, which limits overall revenue growth and reduces the chances of a near-term stock rally for Tata Consultancy Services.
Mint Markets·

