TCS Q2 Preview: Analysts expect single-digit profit rise, focus on outlook

Tata Consultancy Services (TCS), the largest Indian information technology firm is set to report its financial performance for the July-September quarter of fiscal year 2024-25 (Q1FY25) on Thursday, October 10. The Indian IT major is expected to register a single digit rise in its topline and bottomline compared to the September quarter of FY24.

According to brokerages tracked by Business Standard, TCS will likely report an average revenue increase of 7.2 per cent year-on-year (Y-o-Y) to Rs 63,993.2 crore. Sequentially revenues may only rise by 2.8 per cent. The company registered revenues of Rs 59,692 crore in Q2FY24 and Rs 62,229 crore in the June quarter of FY25.