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TCS set to report Q2 results after market close
Analysts expect subdued earnings, with the September quarter seen improving from April to June despite headwinds tied to rate hikes and weakness in the Middle East.
Tata Consultancy Services is scheduled to announce its financial results for the quarter ending September 30, 2026, on October 8, after the market close, according to LiveMint Markets.
The article says analysts expect another subdued quarter, but anticipate performance in the September quarter to improve versus the April to June period.
It attributes September’s softer conditions to the effects of rate hikes and weakness in the Middle East, particularly across manufacturing and retail sectors.
Kotak Institutional Equities expects modest 0.5% year-on-year revenue growth, with a 100 basis point year-on-year margin decline and stable quarter-to-quarter margins, and does not factor in any revenue contribution from a new BSNL contract.