Five HIGHLIGHTS from TCS Q2 results: Earnings beat street, interim dividend for investors, all round growth

India’s largest information technology firm Tata Consultancy Services’ fiscal second quarter earnings beat street expectations on most counts, with net profit growing over 8 percent, revenue rising over 18 per cent, attrition peaking, margins coming in above estimates, strong demand continuing across sectors, and a robust order book. Further, the company also delighted shareholders with an interim dividend for the quarter, its second for the fiscal year to date. “There was strong, broad-based growth for all services in Q2, led by Cloud, Enterprise Application Services, and Cyber Security,” the company said in a statement. TCS bagged new deals worth $8.1 billion in Q2 compared with $8.2 billion in Q1.