TCS Q2 Results Highlights: TCS declares Rs 10 dividend, Q2 net profit falls 1.1%, revenue up 2.6%
As per a Moneycontrol poll of 10 brokerages, TCS’ revenue was projected to grow by 2.1% sequentially and 7.1% year-on-year (YoY), reaching Rs 63,938 crore. Profit after tax (PAT) was expected to rise 3.
TCS Q2 Results Highlights: Net profit rises 5% to ₹11,909 crore, dividend declared
India's largest IT services company's revenues rose 7.06 per cent to ₹64,988 crore from ₹60,698 crore in the year-ago period and were marginally higher compared to ₹63,575 crore in the preceding quarter.
India's TCS misses Q2 profit estimates on North America weakness
Tata Consultancy Services on Thursday kicked off the earnings season for Indian IT majors on a glum note after it reported a lower-than-expected quarterly profit on weakness in its key North American market.
TCS Q2 FY25 profit dips to ₹11,909 crore, misses estimates
TCS's operating margin for Q2 FY25 was at 24.1%, a tad lower than the last quarter's 24.7%. The net margin was recorded at 18.5%. Despite these financial shifts, the company managed to add a net total of 5,726 employees during this quarter. This expansion comes as part of TCS's ongoing growth strategy in the IT sector.
TCS Q2 results: Profit rises 5%, operating margins decline
Tata Consultancy Services ( TCS ), one of India’s leading IT companies, posted a 5 per cent year-on-year (YoY) increase in its net profit for the second quarter (Q2 FY25), covering the July-September period.
India's TCS beats Q2 revenue estimate
Tata Consultancy Services, India's top IT services company, reported a bigger-than-expected second-quarter revenue on Thursday on realisations from large deals signed in the previous quarters. The company's consolidated revenue rose 7.
TCS Q2 Results: Profit rises 5% YoY to Rs 11,909 crore, misses estimates
India's leading software exporter, reported a 5% growth in consolidated net profit, reaching Rs 11,909 crore for Q2 ended September 2024, compared to Rs 11,342 crore in the same period last year. However,
India's TCS slips after Q2 profit miss, other IT firms advance
Shares of Tata Consultancy Services fell 2% in pre-open trade on Friday, as a lower-than-expected second-quarter profit ...
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TCS Q2 Results Highlights: Net profit up 5% to ₹11,909 crore, declares dividend of ₹10 per share
Tata Consultancy Services (TCS) will report its earnings for the July to September quarter on October 10 after market hours.
TCS Q2 results, share price targets: Miss on sales, margin; J-curve recovery may not materialise
Sanjeev Hota, Head of Research at Sharekhan said TCS reported a weak set of numbers and while the revenues miss was tad below ...
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TCS Q2 Profit Falls: Brokerages Remain Cautiously Optimistic—Here's What They Say
Analysts believe that there is a chance for a gradual recovery in BFSI and with the tapering off of the BSNL contract.
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TCS Q2 Results: Analysts advise using any sharp corrections to add positions
TCS have maintained their "buy" recommendation on the stock, 10 of them have a "hold" rating, while seven of them have a ...
TCS gets bullish calls despite Q2 results miss as analysts eye recovery; stock extends fall, check share price targets
A slow demand recovery and margin contraction hit TCS's second quarter earnings, but going forward, tech and BFSI demand ...
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TCS Q2 Results Review - Improving Demand Environment With Inline Quarter: Nirmal Bang
Despite near-term challenges in U.S. geo and specific verticals as well as one off client specific issues, TCS remains ...
TCS Q2 results to be posted today, press conference cancelled following Ratan Tata's demise
Tata Consultancy Services (TCS) has postponed its press conference following the death of Tata Group's Emeritus Chairman ...