TCS to kick off Q2 FY25 earnings season for India Inc soon; mark this date on your calendar

TCS Q2 FY25 Results Release Date: Tata Consultancy Services—India's largest IT services company—is set to kick off a new earnings season for India Inc this month. The Mumbai-headquartered Tata group IT giant, which is the second most valued company in India, is scheduled to report its financial results for the July-September period—the second quarter of the current financial year, which ends on March 31—on October 10. Analysts and investors will closely monitor the Tata group company's Q2 FY25 results to assess the health of the country's IT sector. 

The upcoming TCS earnings are due at a time when Accenture has staged a better-than-expected quarterly performance on the back of robust demand, amid plans to return at least $8.3 billion to shareholders in the form of buybacks and dividends in the next financial year despite an expected "cautious environment" during that year.

The performance of consulting firm Accenture, which follows a September-August financial year, is tracked closely to assess the trends in India's IT sector. 

TCS Q2 FY25 Earnings 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 information available on stock exchanges. 

What time does TCS report its financial results? 

The company has been releasing its earnings reports after the market hours. 

TCS results will be the first from the Nifty50 universe

With the earnings announcement on October 10, TCS will once again become the first blue-chip company to post its quarterly numbers. 

TCS Q1 FY25 Results Summary

For the first three months of FY25, which began on April 1, the country's largest IT firm reported a sequential decline of 3.2 per cent in its consolidated net profit to Rs 12,040 crore with 2.2 per cent growth in rupee revenue, largely meeting analysts' expectations.

According to Zee Business research, TCS was estimated to log a net profit of Rs 12,050 crore. 

The IT major's management highlighted the strong start to the fiscal year with all-round growth across industries and markets, confident of continuing to expand its client relationships, creating new capabilities in emerging technologies, and investing in innovation. Read more on TCS Q1 earnings 

TCS Share Price History Ahead of Q2 Results Announcement 

As of October 1, TCS shares have grown 12.4 per cent so far in 2024, underperforming gains of 18.7 per cent and 19.5 per cent respectively. 

With inputs from agencies

Catch all the latest stock market updates here. For all other news stories in buzzing categories like technology, automobiles and personal finance, and much more, visit Zeebiz.com.