TCS Q2 Results Live Updates: Dive Deeper
Take a deeper look at the financial performance of the IT giant in the second quarter by clicking the link below.
TCS Q2 Results Live Updates: Key Highlights
Large deal TCV at $10 billion
On a journey to become the world's largest AI-led tech services company
Achieved good growth momentum across all verticals in Q2
International revenue grows 0.6% in constant currency terms (QoQ)
Board approves acquisition of ListEngage with deep capabilities in salesforce
Source: Press release
TCS Q2 Results Live Updates: Profit Meets Estimates
TCS Q2 Results Key Highlights (Consolidated, QoQ)
Revenue seen 3.7% higher at Rs 65,799.00 crore versus Rs 63,437 crore (Bloomberg Estimate: Rs 65,206 crore).
Profit seen 5% lower at Rs 12,075.00 crore versus Rs 12,760 crore (Bloomberg Estimate: Rs 12,568 crore).
EBIT seen 7% higher at 16,565 crore versus Rs 15,514 crore (Bloomberg Estimate: Rs 15,998 crore).
EBIT margin expanded at 25.2% versus 24.45% (Bloomberg Estimate: 24.53%).
TCS Q2 Results Live Updates: Nomura Price Target At Rs 3,300
Revenue is expected to decline 0.5% sequentially in constant currency, mainly due to a smaller contribution from BSNL.
Developed markets are expected to see modest growth.
EBIT margin is expected to remain largely flat, partly offset by the effect of salary hikes.
Deal wins are projected between $7 billion and $9 billion, excluding mega deals.
Analysts are monitoring restructuring impact, discretionary spending, and cost takeout projects.
TCS Q2 Results Live Updates: InCred Price Target At Rs 3,818
Constant-currency revenue could remain flat sequentially, supported by growth in energy, utilities, hi-tech and financial services.
Margin benefits from FX and restructuring may be offset by lower utilisation due to JLR project delays.
Key monitorables: deal pipeline conversion, performance in financial services, retail, and manufacturing verticals, and large deal ramp-ups.
TCS Q2 Results Live Updates: Jefferies Price Target At Rs 3,230
Revenue is expected to grow 0.4% QoQ in constant currency, led by international markets, partly offset by the BSNL ramp-down.
Margin seen improving slightly, supported by BSNL normalisation and rupee depreciation, partly offset by the wage hike.
Deal wins are expected between $7 billion and $9 billion.
Key focus areas: BFSI demand, restructuring impact, BSNL phase-two ramp-up, H1-B visa fee hike, AI adoption and JLR cyberattack implications.
TCS Q2 Results Live Updates: Goldman Sachs Target Price At Rs 3,310
Margin expected to remain largely stable quarter-on-quarter, aided by FX gains and top-line growth, partly offset by the September wage hike.
Commentary on H1-B visa policy and headcount will be closely watched.
Q2 growth is expected to be better than Q1 as BSNL ramp-down impact is now fully reflected in the base.
Q2 Results Live: GM Breweries Stock Surges 11%
The shares of GM Breweries surged over 11% after the company posted second quarter results. The scrip was trading at Rs 864 apiece on the NSE.
Q2 Results Live: GM Breweries Net Profit Rises 61%
GM Breweries Q2 Highlights (YoY)
Revenue up 20.5% to Rs 181 crore versus Rs 149 crore
Net Profit up 61% to Rs 34.8 crore versus Rs 21.6 crore
Ebitda up 62% to Rs 45 crore versus Rs 27.78 crore
Margin at 24.9% versus 18.6%
Q2 Results Live Updates: Tata Elxsi Estimates (QoQ)
Revenue seen 3% higher at Rs 65,206 crore versus Rs 63,437 crore.
Profit seen 1% lower at Rs 12,568 crore versus Rs 12,760 crore.
EBIT seen 3% higher at 15,998 crore versus Rs 15,514 crore.
EBIT margin seen at 24.53% versus 24.45%.
In the Tier-2 basket, performance is expected to be uneven. While demand headwinds persist, margin resilience and BFSI recovery offer some optimism for the sector. With the rupee weakness providing near-term support, much of the Street’s attention this quarter will be on management commentary, especially around client budgets, pricing environment, and the pace of deal closures as the industry looks to set the tone for the second half of FY26.
TCS Q2 Results Live Updates: Share Price Movement
Tata Consultancy Services Ltd. share price was steady during trade on Thursday, ahead of the second-quarter financial results. The stock rose as much as 0.7% intraday.
The Q2 results will be announced after market hours. The company has cancelled its scheduled press conference as the day coincides with the death anniversary of Ratan Tata, the former Chairman of Tata Sons and a towering figure in the Tata Group.
While the press event has been scrapped, the company's analyst call, where the financial performance and management commentary are shared, is set to proceed as planned.
RECOMMENDED FOR YOU
TCS, Tata Elxsi, GM Breweries Q2 Results Today— Earnings Estimates
Tata Consumer Gets Price Target Hike From Goldman Sachs — Check New Target Price
Tata Tech's New Acquisition In Germany Will Be Margin Accretive, Says CEO
Q1 Results Updates: Vodafone Idea Loss Narrows; Patanjali, Glenmark Pharma Profit Slides
POPULAR