Thu Oct 09 16:00:00 UTC 2025: Here’s a summary and rewrite of the provided text as a news article:

**Summary:**

Tata Consultancy Services (TCS), India’s largest IT services firm, announced a 1.4% increase in consolidated net profit to ₹12,075 crore for the July-September quarter of FY2025-26. Revenue rose by 2.39% to ₹65,799 crore. While profits declined sequentially, revenue saw a 3.7% increase. The growth was fueled by strong performance in Banking, Financial Services, and Insurance (BFSI). TCS emphasized its focus on AI-led transformation, citing investments in infrastructure and partnerships. The company also reported a Total Contract Value (TCV) of $10 billion, announced the incorporation of a new AI-focused subsidiary in India, acquired ListEngage, a US-based Salesforce partner, and declared an interim dividend of ₹11 per share. The TCS stocks settled 1.16% higher.

**News Article:**

**TCS Announces Profit Growth, Driven by BFSI Sector and AI Transformation**

**NEW DELHI, October 9, 2025** – Tata Consultancy Services (TCS), India’s leading IT giant, today revealed a nearly 1.4% increase in its consolidated net profit, reaching ₹12,075 crore for the second quarter of fiscal year 2025-26. The positive results, announced after market close, sent TCS shares up 1.16% to settle at ₹3,061.95 on the BSE.

The company’s revenue from operations also saw a rise of 2.39%, climbing to ₹65,799 crore. TCS credited the growth to a broad-based performance across various sectors, with the Banking, Financial Services, and Insurance (BFSI) segment leading the charge. The Technology & Services segment recorded the highest growth of 2.8% year-on-year.

“I am pleased with our strong Q2 performance,” stated TCS CEO and MD K. Krithivasan. “We are on a journey to become the world’s largest AI-led technology services company. Our journey is anchored in bold transformation across talent, infrastructure, ecosystem partnerships and customer value.”

While quarterly profits were down sequentially, TCS highlighted a Total Contract Value (TCV) of $10 billion, showcasing the company’s strong future outlook. Furthermore, TCS announced the incorporation of a new Wholly Owned Subsidiary (WOS) in India to establish multiple AI and Sovereign Data Centres, committing to build a 1 GW capacity AI data center. In a move to further bolster its AI capabilities, TCS acquired ListEngage, a U.S.-based Salesforce partner, for $72.80 million.

The company also declared a second interim dividend of ₹11 per equity share, payable on November 4, 2025.

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