TCS Q2 FY25 Results Release Date: Tata Consultancy Services—India’s largest IT services company—is set to kick off India Inc’s new earnings season this month. The IT giant of the Mumbai-headquartered Tata group, India’s second-largest company, is scheduled to report financial results for the July-September period—the second quarter of the current fiscal year, which ends March 31-October. 10. Analysts and investors will closely monitor the Q2 FY25 results of the Tata group company to assess the health of the country’s IT sector.
TCS’s upcoming earnings are due at a time when Accenture plans better-than-expected quarterly performance on strong demand, amid plans to return at least $8.3 billion to shareholders in the form of share buybacks and dividends next fiscal year. despite the “cautious environment” expected that year.
The performance of consulting firm Accenture, following the September-August financial year, is being closely watched to assess trends in India’s IT sector.
TCS Q2 FY25 Lead Date
When will TCS release its earnings report for the second quarter of the financial year ending March 31?
Tata Consultancy Services is scheduled to report its Q2 financial results on October 10, according to stock market data.
When does TCS report its financial results?
The company has been releasing its earnings reports after market hours.
The TCS results will be the first from the Nifty50 universe
With the earnings announcement on October 10, TCS will once again be the first blue-chip company to post its quarterly numbers.
Summary of TCS Q1 FY25 Results
In the first three months of FY25, which began on April 1, the country’s largest IT firm reported a 3.2 percent sequential decline in its consolidated profit to Rs 12,040 crore on a 2.2 percent rise in rupee revenue, largely meeting analysts’ expectations. . .
According to research by Zee Business, TCS is estimated to make a profit of Rs 12,050 crore.
Key IT executives highlighted a strong start to the financial year with growth around all industries and markets, confident of continuing to expand their customer relationships, create new capabilities in emerging technologies, and invest in innovation. Read more about TCS Q1 benefits
TCS Shares Price History Ahead of Q2 Results Announcement
As of October 1, TCS shares have grown 12.4 percent year-to-date in 2024, underperforming 18.7 percent and 19.5 percent respectively.
With input from agencies
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