TCS reports $2.6 billion annualized AI revenue in Q1, net profit up 5%

Summary

TCS reported a 5% year-on-year increase in consolidated net profit to Rs 13,349 crore for Q1, with revenue rising 13.9% to Rs 72,275 crore, and its annualized AI revenue reached $2.6 billion. The company's board also declared an interim dividend of Rs 12 per share.