Please accept the declaration.
Q1FY27 Quarterly Result Announced for L&T Finance Ltd.
Finance company L&T Finance announced Q1FY27 results
Consolidated Financial Highlights:
- Revenue from Operations: Stood at Rs 5,212.92 crore for Q1FY27. This represents a YoY growth of 22.38% compared to Rs 4,259.57 crore in Q1FY26, and a QoQ increase of 9.26% from Rs 4,771.03 crore in Q4FY26.
- Total Income: Reached Rs 5,243.31 crore in Q1FY27, marking a YoY increase of 23.09% from Rs 4,259.60 crore in Q1FY26. On a QoQ basis, it grew by 9.90% against Rs 4,771.10 crore in the preceding quarter.
- Profit Before Tax (PBT): Reported at Rs 1,236.28 crore for Q1FY27, reflecting a robust YoY increase of 31.07% from Rs 943.22 crore in Q1FY26. On a QoQ basis, PBT increased by 15.12% compared to Rs 1,073.92 crore in Q4FY26.
- Profit After Tax (PAT): Stood at Rs 915.99 crore for Q1FY27. This showcases a YoY surge of 30.70% compared to Rs 700.84 crore, and a QoQ growth of 13.20% from Rs 809.16 crore.
- Total Comprehensive Income: Reported at Rs 915.04 crore for Q1FY27, a YoY increase of 36.41% from Rs 670.80 crore and a QoQ increase of 7.29% from Rs 852.84 crore.
- Earnings Per Share (EPS): Basic EPS (not annualized) for Q1FY27, stood at Rs 3.60, improving from Rs 2.81 YoY and Rs 3.22 QoQ.
Standalone Financial Highlights:
- Revenue from Operations: Stood at Rs 5,212.84 crore for Q1FY27, a YoY increase of 22.46% from Rs 4,256.75 crore and a QoQ increase of 5.93% from Rs 4,920.79 crore.
- Total Income: Reached Rs 5,243.49 crore, translating to an increase of 23.17% YoY from Rs 4,257.07 crore, and a growth of 6.55% QoQ from Rs 4,921.16 crore.
- Profit Before Tax (PBT): Recorded at Rs 1,213.17 crore, demonstrating a YoY growth of 29.95% from Rs 933.55 crore, and a marginal QoQ increase of 0.14% from Rs 1,211.48 crore.
- Profit After Tax (PAT): Reached Rs 895.32 crore for Q1FY27, reflecting a YoY growth of 28.99% from Rs 694.09 crore, but registering a QoQ decline of 5.47% from Rs 947.09 crore.
Business Highlights:
- Rural Business Finance:
- Book size up 22% YoY to Rs 32,493 crore vs. Rs 26,616 crore in Q1FY26.
- Quarterly disbursements for Q1FY27 at Rs 6,961 crore vs. Rs 5,618 crore, up 24% YoY.
- Farmer Finance:
- Book size up 11% YoY to Rs 17,514 crore vs. Rs 15,756 crore in Q1FY26.
- Quarterly disbursements for Q1FY27 at Rs 2,453 crore vs. Rs 2,200 crore, up 11% YoY.
- Two-wheeler Finance:
- Book size up 22% YoY to Rs 15,068 crore vs. Rs 12,331 crore in Q1FY26.
- Quarterly disbursements for Q1FY27 at Rs 3,006 crore vs. Rs 2,128 crore, up 41% YoY.
- Personal Loans:
- Book size up 80% YoY to Rs 16,917 crore vs. Rs 9,383 crore in Q1FY26.
- Quarterly disbursements for Q1FY27 at Rs 4,380 crore vs. Rs 1,942 crore, up 126% YoY.
- Housing Loans and Loan Against Property (LAP):
- Book size up 20% YoY to Rs 31,630 crore in Q1FY27 vs. Rs 26,464 crore in Q1FY26.
- Quarterly disbursements for Q1FY27 at Rs 3,401 crore vs. Rs 2,780 crore, up 22% YoY.
- SME Finance:
- Book size up 28% YoY to Rs 8,884 crore in Q1FY27 vs. Rs 6,964 crore in Q1FY26.
- Quarterly disbursements for Q1FY27 at Rs.1,567 crore vs. Rs 1,273 crore, up 23% YoY
- Gold Finance:
- Book size up 182% YoY to Rs 3,829 crore in Q1FY27 vs. Rs 1,360 in Q1FY26.
- Quarterly disbursements for Q1FY27 at Rs 1,928 crore vs. Rs 1,530 crore, up 26% YoY
Sudipta Roy, Managing Director & CEO, LTF, said: “Q1FY27 was another quarter where we remained focused on disciplined execution amidst an evolving macroeconomic environment marked by geopolitical uncertainties, inflationary pressures and elevated borrowing costs. Despite these external factors, our diversified retail franchise continued to demonstrate resilience, delivering strong business momentum and healthy book growth in line with the goals of our Lakshya 31 strategic plan. Our consistent investments in technology, analytics and AI continue to be a key differentiator, both in terms of customer experience as well as credit outcomes. In our bid to transform into an AI-native organization, we are increasingly embedding our proprietary AI ecosystem across the entire lending stack from sourcing and underwriting through our in-house AI credit engine ‘Project Cyclops’ to portfolio monitoring through ‘Project Nostradamus’ and our expanding suite of in-house developed AI copilots and agents. These capabilities are enabling superior credit selection, improved customer experience, faster turnaround times and enhanced operating efficiencies, while strengthening the quality and sustainability of our growth.
The economy continues to exhibit resilience, supported by healthy government spending, improving infrastructure and sustained consumption trends. We are also pleased to note that our Rural Business Finance vertical has resumed its growth trajectory, with healthy business parameters across new customer acquisition, disbursement growth and collection efficiencies.
As we embark on the first full year of our Lakshya 31 journey, our focus remains on delivering consistent, profitable and high-quality growth. We will continue to invest in innovation, strengthen our distribution capabilities and enhance customer experience as we build a future-ready, AI-native financial institution that will be resilient across economic cycles.”
Result PDFQ1FY27 Quarterly Result Announced for Bank of Maharashtra
Bank of Maharashtra announced Q1FY27 results
Standalone Financial Highlights:
- Total Income: Reached Rs 9,06,329 lakh for Q1FY27. This marks a YoY growth of 15.03% compared to Rs 7,87,882 lakh in Q1FY26, and a QoQ increase of 4.26% from Rs 8,69,304 lakh in Q4FY26. For FY26, the total income was Rs 32,82,253 lakh.
- Operating Profit: Stood at Rs 3,11,717 lakh for Q1FY27, registering a YoY increase of 21.29% from Rs 2,56,994 lakh and a QoQ growth of 5.81% from Rs 2,94,606 lakh. For FY26, operating profit was Rs 10,82,582 lakh.
- Net Profit: Reported at Rs 2,02,019 lakh for Q1FY27. This reflects a YoY surge of 26.84% from Rs 1,59,276 lakh in the corresponding quarter of the previous year, and a marginal QoQ increase of 0.30% from Rs 2,01,409 lakh. The annual net profit for FY26, was Rs 7,01,932 lakh.
- Earnings Per Share (EPS): Basic and diluted EPS (not annualized) for Q1FY27, improved to Rs 2.63 compared to Rs 2.07 in Q1FY26, and Rs 2.62 in Q4FY26.
Consolidated Financial Highlights:
- Total Income: Stood at Rs 9,06,353 lakh for Q1FY27, showcasing a YoY increase of 15.03% from Rs 7,87,918 lakh, and a QoQ growth of 4.26% from Rs 8,69,346 lakh. For FY26, consolidated total income was Rs 32,82,372 lakh.
- Operating Profit: Recorded at Rs 3,11,763 lakh for Q1FY27, indicating a YoY growth of 21.29% from Rs 2,57,040 lakh, and a QoQ increase of 5.80% from Rs 2,94,660 lakh.
- Net Profit (after minority interest): Reached Rs 2,02,332 lakh for Q1FY27. This translates to a YoY jump of 34.49% from Rs 1,50,437 lakh, and a slight QoQ decline of 1.05% from Rs 2,04,488 lakh. Annual consolidated net profit for FY26, was Rs 7,01,686 lakh.
Business Highlights:
- Segment-wise Performance:
- Treasury Operations: Rs 2,03,706 lakh (Up 11.13% YoY from Rs 1,83,303 lakh, and up 14.49% QoQ from Rs 1,77,923 lakh).
- Corporate / Wholesale Banking: Rs 3,00,937 lakh (Up 15.54% YoY from Rs 2,60,464 lakh, and up 2.15% QoQ from Rs 2,94,606 lakh).
- Retail Banking: Rs 3,95,036 lakh (Up 16.44% YoY from Rs 3,39,252 lakh, and up 1.12% QoQ from Rs 3,90,645 lakh).
- Other Banking Operations: Rs 6,650 lakh (Up 36.75% YoY from Rs 4,863 lakh, and up 8.48% QoQ from Rs 6,130 lakh).
- Asset Quality: The Gross NPA ratio stood at 1.45% as of June 30, 2026, improving from 1.74% in the corresponding quarter last year and remaining stable QoQ compared to 1.45% as of March 31, 2026. The Net NPA ratio improved to 0.13%, down from 0.18% YoY and stable against 0.13% QoQ.
- Provision Coverage: The Non-Performing Assets Provision Coverage Ratio stood at a robust 98.55% (including technically written off) as of June 30, 2026, compared to 98.36% as of June 30, 2025.
- Contingency Provisions: The Bank continues to hold COVID-19 related provisions as contingency provisions amounting to Rs 760 crore as of June 30, 2026. The management reassessed these provisions and reversed an amount of Rs 250 crore during Q1FY27.
- Fraud Reporting: During Q1FY27, the Bank reported 47 fraud cases involving an amount of Rs 106.22 crore. The Bank is holding a provision of Rs 103.84 crore against the extent of this loss. It was noted that there was no case related to digital payment fraud where the Bank suffered any loss.
- Regulatory Penalties: During the quarter, the Reserve Bank of India levied penalties of Rs 0.02 crore on the bank.
Q1FY27 Quarterly Result Announced for Elecon Engineering Company Ltd.
Industrial Machinery company Elecon Engineering Company announced Q1FY27 results
Consolidated Financial Highlights:
- Revenue from Operations: Stood at Rs 52,056 lakh for Q1FY27. This represents a YoY growth of 6.11% compared to Rs 49,057 lakh in Q1FY26, and a QoQ decline of 30.18% from Rs 74,561 lakh in Q4FY26. For FY26, the revenue was Rs 2,36,605 lakh.
- Total Income: Reached Rs 54,247 lakh in Q1FY27, marking a YoY increase of 4.93% from Rs 51,700 lakh in the corresponding quarter of the previous year. On a QoQ basis, it decreased by 28.92% from Rs 76,318 lakh in the preceding quarter. The total income for FY26, was Rs 2,44,722 lakh.
- Profit Before Tax (PBT): Reported at Rs 9,316 lakh for Q1FY27. This reflects a YoY decline of 55.02% from Rs 20,712 lakh in Q1FY26 (which included a significant exceptional gain of Rs 8,047 lakh) and a QoQ increase of 130.65% from Rs 4,039 lakh in Q4 FY26 (which included an exceptional loss of Rs 10,177 lakh). For FY26, PBT stood at Rs 45,447 lakh.
- Net Profit for the Period (PAT): Stood at Rs 7,035 lakh for Q1FY27, showcasing a YoY drop of 59.90% compared to Rs 17,544 lakh, but a massive QoQ surge of 1072.50% from Rs 600 lakh in the previous quarter (heavily impacted by the exceptional items mentioned above). The annual net profit for FY26, was Rs 34,115 lakh.
Standalone Financial Highlights:
- Revenue from Operations: Recorded at Rs 39,824 lakh for Q1FY27, translating to a 2.89% YoY decline from Rs 41,008 lakh, and a 39.26% QoQ decline from Rs 65,562 lakh. The annual standalone revenue for FY26, was Rs 2,01,604 lakh.
- Total Income: Stood at Rs 41,784 lakh for Q1FY27, representing a decrease of 3.94% YoY from Rs 43,496 lakh, and a drop of 37.70% QoQ from Rs 67,066 lakh. Total income for FY26, was Rs 2,09,164 lakh.
- Profit Before Tax (PBT): Stood at Rs 7,869 lakh for Q1FY27, demonstrating a YoY drop of 70.78% from Rs 26,932 lakh (impacted by an exceptional gain in Q1FY26), and a QoQ decline of 39.34% from Rs 12,972 lakh. PBT for FY26, was Rs 58,522 lakh.
- Net Profit for the Period (PAT): Reached Rs 5,857 lakh for Q1FY27. This reflects a YoY decline of 75.49% compared to Rs 23,892 lakh, and a QoQ decline of 39.62% from Rs 9,701 lakh. The standalone annual net profit for FY26, was Rs 47,670 lakh.
Business Highlights:
- Order Book Metrics: The company recorded a consolidated order intake of Rs 755 crore during the quarter. The consolidated open order book stood strong at Rs 1,518 crore as of June 30, 2026.
- Geographical Performance: Overseas revenue reached Rs 151 crore, contributing 29% of consolidated revenue and registering a robust YoY growth of 21.9%. Domestic revenue stood at Rs 370 crore, representing 71% of the share.
- Segment Performance - Gear Division: Delivered a strong performance with revenue increasing by 16.3% YoY to Rs 416 crore. EBIT grew 14.7% YoY to Rs 75 crore, with a resilient margin of 17.9%. Order intake surged 18.8% YoY to Rs 570 crore, and the open order book rose 46.9% YoY to Rs 1,043 crore.
- Segment Performance - Material Handling Equipment (MHE) Division: Witnessed a marginal adjusted degrowth in revenue of 2.9% YoY to Rs 105 crore. EBIT decreased 25.3% YoY to Rs 27 crore (margin of 25.6%). However, order intake increased 38.1% YoY to Rs 185 crore, and the open order book rose 18.8% YoY to Rs 475 crore. The division also successfully secured an overseas order in the Port industry worth Rs 21 crore.
Prayasvin B. Patel, Chairman & Managing Director of Elecon Engineering Company, said: “Q1FY27 marked another quarter of resilient performance for Elecon, with Consolidated Revenue of Rs 521 crore, EBITDA of Rs 109 crore and an EBITDA margin of 21.0%. Profit After Tax stood at Rs 70 crore, translating into a PAT margin of 13.5%. Our performance reflects disciplined execution and operational resilience.
We recorded a consolidated order intake of Rs 755 crore during the quarter, while our consolidated open order book stood at Rs 1,518 crore as of 30th June 2026, providing strong revenue visibility for the quarters ahead.
Our Gear Division continued its strong growth trajectory, reporting revenue of Rs 416 crore compared to Rs 357 crore in Q1FY26 grew by 16.3% YoY, with an EBIT margin of 17.9%. This performance was driven by improved execution across our overseas subsidiaries and healthy demand across domestic markets.
The Material Handling Equipment (MHE) division reported revenue of Rs 105 crore, with an EBIT margin of 25.6%. While the division witnessed a temporary moderation in project execution during the quarter, the underlying demand environment remains strong. MHE order intake grew 38.1% YoY to Rs 185 crore and the open order book stood at Rs 475 crore with an increase of 18.8% YoY, providing confidence in improved execution and stronger performance in the coming quarters.
Our Overseas revenue reached Rs 151 crore during the quarter, contributing 29% of consolidated revenue and registering a robust YoY growth of 21.9%. Additionally, our MHE division has secured an order in overseas market for Port industry of Rs 21 crore during the quarter, demonstrating our strategic initiatives are paying dividends.
While global macroeconomic and geopolitical uncertainties persist; we are encouraged by the early signs of recovery across several international markets and remain focused on expanding our global presence.
As India's market leader in Industrial Gear Solutions and Material Handling Equipment, Elecon remains well positioned to capitalize on opportunities across domestic and international markets. Supported by advanced manufacturing capabilities, continuous investments in R&D, strategic global partnerships and engineering excellence, we are confident of sustaining profitable growth, strengthening our market leadership and creating long-term value for all our stakeholders.”
Q1FY27 Quarterly Result Announced for Anand Rathi Wealth Ltd.
Capital Markets company Anand Rathi Wealth announced Q1FY27 results
Consolidated Financial Highlights:
- Revenue from Operations: Stood at Rs 32,198.50 lakh for Q1FY27, marking a YoY growth of 17.51% compared to Rs 27,401.65 lakh in Q1FY26, and a QoQ increase of 11.87% from Rs 28,781.82 lakh in Q4FY26. For FY26, the revenue from operations was Rs 1,14,882.50 lakh.
- Total Income: Reported at Rs 43,226.29 lakh in Q1FY27, showcasing a YoY jump of 52.14% from Rs 28,412.64 lakh in Q1FY26. On a QoQ basis, it grew by 21.35% from Rs 35,621.46 lakh. The total income For FY26, was Rs 1,25,311.47 lakh.
- Profit Before Tax (PBT): Reached Rs 20,620.13 lakh for Q1FY27, reflecting a YoY increase of 63.36% from Rs 12,622.84 lakh and a QoQ surge of 46.99% from Rs 14,026.78 lakh. For FY26, PBT stood at Rs 53,584.34 lakh.
- Net Profit for the Period: Stood at Rs 16,300.77 lakh for Q1FY27, showcasing an impressive YoY growth of 73.58% compared to Rs 9,391.01 lakh, and a QoQ increase of 57.58% from Rs 10,344.77 lakh in the previous quarter. The annual net profit For FY26, was Rs 39,744.05 lakh.
- Total Comprehensive Income: Stood at Rs 16,329.86 lakh for Q1FY27, representing a YoY increase of 72.79% and a QoQ increase of 58.39%.
- Earnings Per Share (EPS): Basic EPS (from continuing operations) improved to Rs 9.82 for Q1FY27, up YoY from Rs 5.65 and QoQ from Rs 6.23.
Standalone Financial Highlights:
- Revenue from Operations: Recorded at Rs 31,294.92 lakh for Q1FY27, translating to an 18.21% increase YoY from Rs 26,473.84 lakh, and a 12.88% increase QoQ from Rs 27,724.22 lakh. The annual standalone revenue For FY26, was Rs 1,10,748.11 lakh.
- Total Income: Stood at Rs 42,182.06 lakh for Q1FY27, representing an increase of 54.06% YoY from Rs 27,380.34 lakh, and a growth of 22.56% QoQ from Rs 34,416.04 lakh. Total income For FY26, was Rs 1,20,781.80 lakh.
- Profit Before Tax (PBT): Increased to Rs 20,585.25 lakh for Q1FY27, demonstrating a YoY growth of 65.87% from Rs 12,410.43 lakh, and a QoQ jump of 48.80% from Rs 13,834.61 lakh. PBT For FY26, was Rs 52,735.57 lakh.
- Net Profit for the Period: Jumped to Rs 16,322.36 lakh for Q1FY27. This reflects a YoY surge of 76.98% compared to Rs 9,222.63 lakh, and a QoQ increase of 59.66% from Rs 10,222.97 lakh. The standalone annual net profit For FY26, was Rs 39,143.01 lakh.
- Total Comprehensive Income: Stood at Rs 16,343.75 lakh for Q1FY27, representing a YoY increase of 76.10% and a QoQ increase of 60.62%.
Business Highlights:
- Mutual Fund Business Application: The company's Board approved the proposal to submit an application to SEBI seeking approval to act as the sponsor of a Mutual Fund. Following requisite regulatory approvals, the company will establish the mutual fund structure, including setting up a new Asset Management Company and a Trustee Company.
- Segment-wise Performance: The Group operates exclusively in a single business segment, which is the "Sale and distribution of financial products" within India. Therefore, the company does not have any separate reportable segments as per Indian Accounting Standard 108.
- Bonus Share Issuance: The company allotted 8,30,20,634 fully-paid bonus equity shares on June 03, 2026, in the ratio of 1:1, increasing the total number of equity shares from 8,30,20,634 to 16,60,41,268. EPS metrics have been duly adjusted across periods to reflect this change.
- New Subsidiary Operations: The company's recently incorporated wholly-owned subsidiary, "Anand Rathi FME (IFSC) Private Limited" at GIFT City, Gujarat (incorporated on February 16, 2026), is yet to commence operations and had no material impact on the company's financial position for the current quarter.
Rakesh Rawal, Chief Executive Officer, & Feroze Azeez, Joint Chief Executive Officer, said: “We are pleased to report another quarter of consistent performance and thank our clients, employees, and stakeholders for their continued trust and support. In a volatile equity market environment during Q1FY27, our uncomplicated business model and unwavering focus on client outcomes enabled us to deliver consistent and market-agnostic growth, reinforcing the resilience and scalability of our business.
Excluding the impact of fair value gains on investments, ESOP expenses, and related tax effects, our Profit after Tax for Q1FY27 increased by 24% YoY to Rs 116 crore, while total revenue grew by 18% YoY to Rs 336 crore. During the first quarter of FY27, the Company achieved 24% of its full-year revenue guidance of Rs 1,415 crore and 25% of its full-year PAT guidance of Rs 460 crore.
We have achieved a significant milestone during the quarter, with our Assets Under Management (AUM) crossing Rs 1 lakh crore. Our AUM grew 21% YoY to Rs 1,06,300 crore, supported by a net inflow of Rs 2,743 crore during Q1FY27.
This performance reflects our continued ability to attract new clients and deepen existing relationships, even in a challenging market environment. We onboarded 1,611 new client families on net basis over the last twelve months, taking our total client base to 13,941 families. Client attrition, measured by AUM lost, remained at a low at 0.09%, underscoring the strength of our client-centric uncomplicated approach. We also recorded zero regret RM attrition during the quarter.
This consistent performance is a reflection of the principles on which we have built our business over the years. Building a wealth management business is not a capital race—it is a credibility marathon. Wealth management may appear simple from the outside, but in reality, it is a slow compounding trust business. Our experience over the years has helped us understand that sustainable growth is built on patience, transparency, long-term relationships, and consistently putting clients' interests first.
Given the strong business we have built and the opportunities ahead, we remain confident of achieving our guidance.”
Q1FY27 Quarterly Result Announced for Tata Consultancy Services Ltd.
IT Consulting & Software company Tata Consultancy Services announced Q1FY27 results
Consolidated Financial Highlights:
- Revenue from Operations: Stood at Rs 72,275 crore for Q1FY27. This represents a YoY growth of 13.93% compared to Rs 63,437 crore in Q1FY26, and a QoQ increase of 2.23% from Rs 70,698 crore in Q4FY26. The annual revenue for FY26, was Rs 2,67,021 crore.
- Total Income: Reached Rs 73,843 crore in Q1FY27, marking a YoY increase of 13.44% from Rs 65,097 crore in the corresponding quarter of the previous year. On a QoQ basis, it grew by 3.34% against Rs 71,455 crore in the preceding quarter. The total income for FY26, was Rs 2,71,423 crore.
- Profit Before Tax (PBT): Reported at Rs 17,944 crore for Q1FY27, reflecting a YoY increase of 5.68% from Rs 16,979 crore in Q1FY26. On a QoQ basis, PBT declined by 2.28% compared to Rs 18,362 crore in Q4FY26. For FY26, PBT stood at Rs 65,487 crore.
- Profit for the Period (Net Profit): Stood at Rs 13,420 crore for Q1FY27. This showcases a YoY increase of 4.69% compared to Rs 12,819 crore in Q1FY26, but a QoQ drop of 2.64% from Rs 13,784 crore in the previous quarter. The annual net profit for FY26, was Rs 49,454 crore.
Standalone Financial Highlights:
- Revenue from Operations: Stood at Rs 59,553 crore for Q1FY27. This is a YoY increase of 12.82% from Rs 52,788 crore and a QoQ growth of 2.59% from Rs 58,052 crore. The annual standalone revenue for FY26, was Rs 2,20,938 crore.
- Total Income: Reached Rs 62,959 crore, up 13.46% YoY from Rs 55,491 crore, and up 2.26% QoQ from Rs 61,568 crore. The total annual standalone income was Rs 2,30,974 crore.
- Profit Before Tax (PBT): Reported at Rs 17,709 crore, an increase of 9.41% YoY from Rs 16,186 crore, but a QoQ decline of 4.09% from Rs 18,464 crore.
- Profit for the Period (Net Profit): Stood at Rs 13,642 crore, marking an 8.68% YoY growth from Rs 12,552 crore, and a 6.09% QoQ decline from Rs 14,526 crore. The standalone annual net profit for FY26, was Rs 49,096 crore.
Business & Segment Highlights:
- Dividend Declared: The Board of Directors declared an interim dividend of Rs 12.00 per Equity Share of Rs 1 each, which will be paid on Friday, July 31, 2026.
- Exceptional Item (Legal Settlement): The company reported an exceptional item amounting to Rs 668 crore (USD 70 million) for Q1FY27. This was a provision towards exemplary damages and costs related to the ongoing legal claim filed by Computer Sciences Corporation (CSC) regarding the alleged misappropriation of trade secrets.
-
Segment-wise Revenue Performance:
- Banking, Financial Services and Insurance: Rs 27,990 crore (Up YoY from Rs 24,736 crore and up QoQ from Rs 27,021 crore).
- Consumer Business: Rs 11,146 crore (Up YoY from Rs 10,155 crore, but down QoQ from Rs 11,345 crore).
- Communication, Media and Technology: Rs 10,614 crore (Up YoY from Rs 9,436 crore and up QoQ from Rs 10,334 crore).
- Others: Rs 7,986 crore (Up YoY from Rs 6,287 crore and up QoQ from Rs 7,625 crore).
- Life Sciences and Healthcare: Rs 7,429 crore (Up YoY from Rs 6,422 crore and up QoQ from Rs 7,371 crore).
- Manufacturing: Rs 7,110 crore (Up YoY from Rs 6,401 crore and up QoQ from Rs 7,002 crore).
K Krithivasan, Chief Executive Officer & Managing Director, said: “Q1FY27 reflects continued growth momentum and the strength of our strategic positioning, despite geopolitical and macroeconomic headwinds. We delivered a strong order book of USD 9.5 billion, including a marquee AI-led transformation deal with SKF, while continuing to add clients across key revenue bands and scaling our AI business to a USD 2.6 billion annualized revenue run rate. As customers accelerate investments in AI, modernization, cybersecurity, sovereign cloud and platform simplification, our strong deal conversion, improving client mining and expanding ecosystem partnerships position TCS well to translate opportunity into sustained growth”.
Aarthi Subramanian, Executive Director, President & Chief Operating Officer, said: “Q1 was characterized by strong growth across several services. We won multiple AI-led transformation deals with our dual commitment to AI-led optimization as well as innovation-led outcomes. These wins validate our approach to AI-led efficient ITOps, accelerated Software Engineering and Modernization, AI-first process redesign and implementation of SaaS solutions and Autonomous GBS. We signed strategic partnerships with Anthropic and Mistral expanding our AI ecosystem”.
Samir Seksaria, Chief Financial Officer, said: “In Q1, we rolled out annual wage hikes, strengthened our partnership ecosystem, and targeted investments to enhance long-term competitiveness. We remain focused on building, acquiring, or partnering for AI-led capabilities while maintaining disciplined execution, industry-leading profitability and return ratios”.
Sudeep Kunnumal, Chief HR Officer, said: “This quarter, we completed annual salary increments for all associates globally and aligned salary structures with the new India Labour Code requirements. We continue to invest in AI infrastructure, next-generation skill development platforms, to enable our people to be future-ready, while fostering a workplace where every associate feels safe, valued, trusted and empowered to grow”.
