Tata Consultancy Services on Thursday reported a 15 per cent jump in net profit for the July-September quarter. Net profit stood at Rs 13,884 crore. This beat analyst estimates of Rs 13,788 crore.

Revenue from operations rose to Rs 73,188 crore. The company reported an operating margin of 24 per cent. Total contract value for the quarter was $9.6 billion.

TCS announced an interim dividend of Rs 12 per share. The record date for the dividend is October 14.

The company’s AI business crossed an annualised run-rate of $3.1 billion. Constant-currency revenue growth was 0.5 per cent. Attrition over 12 months stood at 13.3 per cent.

Investors tracked management commentary on demand and AI-led services. The TCS stock rose about 3.8 per cent on Friday. This helped the Nifty IT index gain nearly 3 per cent. The IT major will be in focus in the coming week as analysts review the numbers.