Indian IT majors report AI revenue surpasses 10% of sales in Q2 FY27
Tata Consultancy Services and Infosys said AI now accounts for more than a tenth of their quarterly revenue, with AI revenue of about $3.1 billion at TCS and 10.5% of total revenue at Infosys. Both firms posted modest overall revenue growth—TCS up 0.5% sequentially in constant currency and Infosys trimming its FY27 revenue guidance to 1‑2%. HCLTech also highlighted rapid AI growth, reporting $219 million of advanced‑AI revenue.
Why it matters
Infosys’ cut to 1‑2% FY27 revenue growth signals a slower top‑line outlook despite strong AI numbers, which may temper investor expectations. The high AI share shows the segment is becoming a material part of earnings, but modest overall growth suggests AI‑driven productivity gains have not yet offset pressure on traditional services.
Key facts
- 1TCS AI revenue reached about $3.1 billion in the quarter. cio.eletsonline.com
- 2TCS AI revenue grew by more than 19% over the quarter. cio.eletsonline.com
- 3AI accounted for 10.5% of Infosys’ Q2 FY27 revenue. cio.eletsonline.com
- 4Infosys AI revenue grew 29% quarter‑on‑quarter. cio.eletsonline.com
- 5TCS overall revenue grew 0.5% sequentially in constant currency. cio.eletsonline.com
- 6Infosys revised its FY27 revenue growth guidance to 1‑2%. financialexpress.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.