TCS: NETHERLANDS SUBSIDIARY ACQUIRES 100% OF MHP

• Acquirer: TCS Netherlands B.V.; deal value EUR 320 million (~₹3,484 Cr); subject to approvals. • Q2 cons net profit up 14.9% at ₹13,934 Cr (YoY), up 3.8% (QoQ); revenue up 11.2% at ₹73,188 Cr (YoY). • Operating income up 13.8% at ₹17,301 Cr (YoY); margins 23.6% vs 23.1% (YoY), 22.7% (QoQ). • Second interim dividend of ₹12/share; record date Oct 14, 2026. Impact: Acquisition adds MHP to TCS Netherlands; Q2 growth and dividend support sentiment.

Tata Consultancy Services Limited

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