Q2 Results Live Updates: TCS Share Price Rallies 5% After Earnings; Anand Rathi Slips Over 4% Ahead Of Numbers
Q2 FY27 Results Live Updates: Anand Rathi, Can Fin Homes and Poonawalla Fincorp will be among the key earnings announcements to watch.
- Author: Tanmay Tiwary
- Markets
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Oct 09, 2026 10:18 am IST
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Published On Oct 09, 2026 09:49 am IST
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Last Updated On Oct 09, 2026 10:18 am IST
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Q2 FY27 Results Live Updates: Anand Rathi, Bridge Securities, Can Fin Homes, Canara HSBC Life Insurance, Cordelia Cruises, Canara Robeco Asset Management Company, Hathway Bhawani Cabletel & Datacom, Indbank Merchant Banking Services, Jai Mata Glass, Poonawalla Fincorp and Sru Steels are among the companies scheduled to announce their Q2 FY27 results on Friday, October 9, 2026.
Anand Rathi, Can Fin Homes and Poonawalla Fincorp will be among the key earnings announcements to watch.
Stay tuned to this Q2 Results Live blog for the latest earnings announcements, financial performance, management commentary and market reaction throughout the day.
Q2 Results Live: Jefferies Sees Rising Margin Pressure, Cuts Estimates
- Jefferies maintained its Underperform rating with a target price of Rs 1,800.
- The brokerage said growth remained uninspiring, despite stronger-than-expected performance in the UK.
- Jefferies highlighted weakness across other major regions and expects rising cost pressures to weigh on earnings.
- It cut earnings estimates by 1%-2% and now expects only 4% EPS CAGR over FY27-FY29.
Q2 Results Live: Citi Cuts Target Price, Flags Margin Pressure Ahead
- Citi maintained its Sell rating on TCS and cut its target price to Rs 1,840 from Rs 1,875.
- The brokerage said Q2 was largely in line with expectations but warned that margin pressures remain elevated.
- Citi expects low single-digit revenue growth to persist and believes AI will remain the primary growth driver.
- The brokerage also expects FY27 margins to be lower than previously anticipated.
Q2 Results Live: TCS Adds Over 4,200 Employees; Deal Wins At $9.6 Billion
- TCS reported net headcount addition of 4,258 employees, marking the third consecutive quarter of net additions.
- Quarterly deal wins came in at $9.6 billion, broadly flat versus $9.5 billion in Q1 but below Street expectations of around $10 billion.
- External consultant costs rose 11.6% QoQ and accounted for 7.15% of revenue, compared with 6.48% in Q1.
Q2 Results Live: TCS Reports In-Line Revenue Growth, Margin Miss
- Revenue rose 1.26% QoQ to Rs 73,188 crore, above Bloomberg estimates of Rs 73,026 crore.
- EBIT increased 1.36% QoQ to Rs 17,553 crore, missing estimates of Rs 17,805 crore.
- EBIT margin stood at 23.98%, versus expectations of 24.38%.
- Net profit rose 4.38% QoQ to Rs 13,934 crore, ahead of estimates of Rs 13,788 crore.
Q2 Results Live: TCS Shares Jump 5% After Q2 Earnings; AI Revenue Crosses $3 Billion
- TCS shares surged over 5% after the company reported Q2 FY27 earnings.
- Annualised AI revenue rose to $3.1 billion, up from $2.6 billion in Q1 FY27, and now accounts for over 10% of revenue.
- Constant-currency growth came in at 0.5% QoQ, compared with 0.4% in the previous quarter, while international revenue grew 1.2% QoQ in constant currency.
Q2 Results Live: Welcome To The Live Coverage Of September Quarter Earnings
Q2 Results Live Updates, October 9, 2026: Several companies, including Anand Rathi, Can Fin Homes and Poonawalla Fincorp, are scheduled to announce their September-quarter earnings today.
Stay tuned for the latest results, key financial highlights, management commentary and stock-specific reactions.
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