{"id":313626,"date":"2026-10-16T13:24:21","date_gmt":"2026-10-16T07:54:21","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=313626"},"modified":"2026-10-16T13:24:21","modified_gmt":"2026-10-16T07:54:21","slug":"tcs-vs-hcl-tech-vs-tech-mahindra-vs-wipro-which-it-stock-won-q2-results-2026-ai-revenue-deal-wins-compared","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/tcs-vs-hcl-tech-vs-tech-mahindra-vs-wipro-which-it-stock-won-q2-results-2026-ai-revenue-deal-wins-compared\/","title":{"rendered":"TCS vs HCL Tech vs Tech Mahindra vs Wipro: Which IT Stock Won Q2 Results 2026? AI Revenue, Deal Wins Compared"},"content":{"rendered":"

In the TCS vs HCL Tech vs Tech Mahindra vs Wipro Q2 FY27 comparison, Tech Mahindra had the fastest growth (7.2% constant currency, profit up 32.7%), HCLTech raised its FY27 guidance, TCS had the biggest deal book ($9.6 billion TCV) and AI run rate ($3.1 billion), and Wipro lagged (0.6% growth, profit down 1.4%). AI figures are not like for like. Educational only.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

In the TCS vs HCL Tech vs Tech Mahindra vs Wipro comparison for Q2 FY27, Tech Mahindra grew fastest at 7.2% in constant currency, with net profit up 32.7%, and Wipro was weakest at 0.6% growth and a 1.4% fall in profit. HCLTech raised the low end of its FY27 revenue guidance to 2.5% to 4.0% and reported Advanced AI revenue of $219 million, while TCS reported an annualised AI run rate of $3.1 billion and deal wins of $9.6 billion. On my scorecard Tech Mahindra won on growth and profit, TCS on scale and margin, HCLTech on guidance, and Wipro trailed. The AI numbers are defined differently, so the TCS vs HCL Tech comparison on AI is only a rough guide.<\/p>\n<\/p><\/div>\n

The four IT firms in the TCS vs HCL Tech vs Tech Mahindra vs Wipro comparison posted mixed Q2 FY27 results as AI shaped growth and deal making. In rupee terms all four grew revenue between 9% and 16%, but constant currency growth ranged from 0.6% to 7.2%, a better guide to demand.<\/p>\n

This TCS vs HCL Tech vs Tech Mahindra vs Wipro guide compares growth, profit, margin, AI revenue, deal wins, guidance and share price moves, then gives my scorecard. It is educational and not a recommendation to buy or sell.<\/p>\n

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