Tata Consultancy Services' (TCS) on Thursday reported a net profit of Rs 7,901 crore in the second quarter of this fiscal helped by strong growth in its banking, financial services and insurance and retail segments.

The company had reported a net profit of Rs 6,646 crore for September last year.

The IT giant's revenue for the quarter ended September 30 rose at Rs 36,854 crore compared with Rs 30,541 crore in the same quarter last year.

#2QWithCNBCTV18 | @TCS Q2 EBIT margin comes in-line with estimates at 26.5% & revenue growth in constant currency terms at 3.7% (QoQ) pic.twitter.com/0ExHl0E6ML

— CNBC-TV18 (@CNBCTV18Live) October 11, 2018

"We are very pleased with our aIl-round strong performance in Q2, said Rajesh Gopinathan MD & CEO, TCS. "Revenue growth was driven by expanding demand for digital transformation across verticals, and contInued acceleration In BFSI and retail."

Directors have declared a Second Interim Dividend of Rs 4 per equity share of Re 1 each and that the same shall be paid to the equity shareholders of the company whose names appear on the Register of Members of the Company or in the records of the depositories as beneficial owners of the shares as on October 24, the company said in a BSE filing.

TCS said it added four new clients in the $100 million category and added 10,227 employees on a net basis.

“The numbers are broadly in line with our expectations," said Sanjeev Hota of Sharekhan. "We were pencilling in 3.9 percent constant currency growth and 3.7 percent is broadly inline with what we were expecting."

The company has delivered on the EBITDA margins front – 26.5 percent and we were expecting 26.1 percent, Hota said, adding that only miss is the net profit front and that is largely due to the lower other income.

First Published:Oct 11, 2018 4:51 PM IST