TCS Q2 Results Live Updates: Shares Trade Higher Ahead Of Announcement
TCS, Tata Elxsi, and GM Breweries will announce their Q2 results today. Get all the latest updates.
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.
