TCS Q2 Results: Revenue In Line With Estimates, Margin Stable But Attrition Jumps

"The strong and sustained demand environment is a once-in-a-decade opportunity to position ourselves as the preferred growth and transformation partner for our customers," Rajesh Gopinathan, managing director and chief executive officer at TCS, said.

"We're using the growth tailwind to invest in strengthening relevant capabilities and building out a comprehensive portfolio of offerings that caters to a broader set of stakeholders in the enterprise across business cycles, strengthening our brand, and making our business more resilient. We believe this is the most sustainable pathway to create longer term value for all our stakeholders."

TCS' operating margin remained stable at 25.6% from 25.5% in the preceding quarter.