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

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The brokerage notes that the deal pipeline should remain healthy, with some positive movement in BFSI; however, weakness in the UK market requires monitoring.

Kotak Institutional Equities: KIE projects a US$55 million quarter-over-quarter incremental contribution from BSNL for TCS, while revenues in the rest of the business are expected to remain stable.

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.

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Category: BusinessFinance

Markets: India

Topics: Sensex IT sector Tcs q2 results updates TCS q2 revenue TCS q2 result Tata Consultancy Services q2 result TCS q2 Preview IT services Tata Consultancy Services q2 preview TCS q2 profit Tcs q2 results preview Tcs share price today Nifty Tcs share price TCS

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Article Type: News Report

Published On: 2024-10-08 @ 12:01:49 (14 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 766 words

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Copyright Owner: © Business Standard

News ID: 22949105

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