TCS Q2 results to be out today, here’s what to expect
NEW DELHI: The Indian IT giant, Tata Consultancy Services (TCS), is set to announce its September quarter earnings today (Thursday, October 11, 2018). TCS is the first IT major to announce the 2018-19 July-September or Q2 results.
According to analysts, Indian information technology companies are expected to report strong revenue growth for the Second Quarter (Q2) results.
The TCS Q2 results will be announced after market hours on the official website of the company – www.tcs.com. The depreciation in rupee value and lack of impact of salary hike in the First Quarter is expected to aid the EBIT margin of the Tata Consultancy.
The share of the company was trading flat on Bombay Stock Exchange (BSE) in October 10 trading session.
On Wednesday, the stock of the company closed at 47.45 points down at Rs 2043.05 on BSE and 48.20 points down at Rs 2043.60 on National Stock Exchange (NSE).
