TCS’s muted Q2 results; chipmaker Graphcore’s India bet

Also in the letter:
■ Sam Altman on AI bubble
■ Infosys on DGGI notice
■ India markets’ low AI exposure

TCS Q2 Results: PAT rises 1.4% YoY to Rs 12,075 crore

K Krithivasan, CEO, TCS

Tata Consultancy Services (TCS) reported a muted second-quarter performance on Thursday, with profit growth trailing analyst expectations.

By the numbers:

• Net profit: Rs 12,075 crore, up 1.4% from Rs 11,909 crore a year ago.