Indian IT bellwether Tata Consultancy Services (TCS) has called off its post-earnings press conference for the second quarter earnings (Q2), slated to take place on October 9, as the date overlaps with Ratan Tata’s death anniversary, according to media reports.
The press conference was scheduled for 5.30 pm.
The report by Business Line, however, added that the analyst call will take place on the same day. Mint could not independently verify the development.
This is the second year in a row that TCS has adjusted its earnings-day schedule in remembrance of Ratan Tata. Last year, the company also cancelled its Q2 press conference following his passing, although other investor-related engagements proceeded as scheduled.
TCS Q2 Results Date
Tata Consultancy Services informed the stock exchanges on September 22 that a meeting of the Board of Directors is scheduled for October 9 to consider and approve the audited standalone financial results of the company for the quarter and six-month period ended September 30, 2025.
The company’s board will also consider the declaration of a second interim dividend to the equity shareholders.
Meanwhile, in a separate filing on September 23, it informed that the leadership team will address the media in a press conference at 5.30 pm, with the earnings conference call will occur at 7 pm.
Analysts anticipate a moderate revenue growth amid ramp-downs in a few accounts and share losses. Axis Securities expects TCS to report 3.5% QoQ topline growth, driven by BFSI, Hi-Tech, and cross-currency tailwinds. EBIT margin is likely to decline by 21 bps during the quarter due to wage hikes, higher investments, and lower utilisation, it added.
Investor focus will also be on the rationale for the planned 12,000 employee separation, the impact on employee morale and the costs associated with the separation. TCS had announced layoffs of around 2% of its global workforce in the 2025-26 fiscal year as the company now aims to focus on restructuring plans amid the push for artificial intelligence (AI).
Among key things that investors are likely to track include (1) the reasons for the underperformance in growth in developed markets and any potential share losses; (2) whether the impact on demand resulting from the imposition of tariffs by the US subsided; (3) the pace of GenAI adoption and deflationary impact on spends; (4) the impact of GCC ramp-up on the growth of companies and GCC as a growth lever; (5) H-1B dependence and plans for further de-risking; and (6) margin aspirations in light of elevated competitive intensity, as per Kotak Institutional Equities (KIE).
TCS share price traded higher on Wednesday, October 8, ahead of its Q2 results announcement tomorrow. As of 10.35 am, TCS share price was at ₹3028.15, up 1.8%. It hit the day’s high of ₹3042 today.
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