Tata Consultancy Services Ltd

(TCS)

TCS Reports Headcount Growth Amid Order Book Decline - 21 Oct, 2024

Tata Consultancy Services (TCS) experienced a net headcount increase for two consecutive quarters, while its order book declined significantly due to fewer mega deals. Analysts noted TCS's effective management of aging businesses.

TCS Reports Growth and Expands Hiring Plans - 20 Oct, 2024

Tata Consultancy Services reported a 5% rise in net profit to Rs 11,909 crore for Q2 FY2025, with a revenue increase of 7.6% to Rs 64,259 crore. The company added over 11,000 employees in the first half of the year and has commenced campus hiring for FY26, focusing on higher cadre trainees.

TCS Sees Revenue Surge from BSNL Deal - 19 Oct, 2024

Tata Consultancy Services reports a 95% year-on-year increase in Indian revenue, largely attributed to the ongoing BSNL deal, despite a decline in total contract value.

TCS Declares Rs 10 Interim Dividend for Shareholders - 18 Oct, 2024

Tata Consultancy Services has announced a second interim dividend of Rs 10 per share, with October 18 as the record date and payment on November 5, 2024.

TCS Reports Q2 Earnings Amid Workforce Growth - 17 Oct, 2024

Tata Consultancy Services reported a 5% YoY profit increase to Rs 11,909 crore and revenue of Rs 64,259 crore in Q2 FY25. The company added 5,726 employees, indicating growth despite challenges in demand and margins. Analysts remain optimistic about TCS's long-term prospects, citing strong fundamentals and a healthy order pipeline.

TCS Reports Strong Q2 Earnings Growth - 16 Oct, 2024

Tata Consultancy Services (TCS) announced a Q2 profit of Rs 11,909 crore, reflecting a 5.0% year-on-year increase. The company is also doubling its intake of higher cadre trainees, indicating growth and investment in talent.

TCS Reports Mixed Q2 Results Amid Challenges - 15 Oct, 2024

Tata Consultancy Services (TCS) reported a 2.6% revenue growth in Q2, but a 1% decline in net profit. Analysts noted challenges in discretionary spending and client behavior, leading to a cautious outlook despite a strong deal pipeline.

TCS Reports Mixed Q2 Results Amid Hiring and Dividends - 14 Oct, 2024

Tata Consultancy Services reported a sequential decline in net profit for Q2, while continuing to hire and announcing a dividend. Analysts maintain a positive outlook despite margin pressures and cautious demand.

Market Valuation Decline for Top Firms Including TCS - 13 Oct, 2024

Last week, the combined market valuation of seven of the top-10 most valued firms, including Tata Consultancy Services, fell by Rs 1,22,107.11 crore, reflecting a weak trend in equities.

TCS Reports Earnings, Announces Dividend Amid Challenges - 12 Oct, 2024

TCS reported a slight decline in net profit for Q2 FY25, while revenue grew. Analysts remain cautiously optimistic about recovery, and TCS announced a significant interim dividend of Rs 10 per share.

TCS Faces Challenges After Q2 FY25 Earnings Report - 11 Oct, 2024

TCS's Q2 FY25 results showed a decline in net profit and operational performance, leading to a nearly 3% drop in shares. Analysts express concerns over revenue misses and declining margins, despite some positive growth indicators in specific sectors. The company plans to establish a development center in Vizag, indicating potential future growth.

TCS Reports Q2 Earnings, Declares Dividend Amid Challenges - 10 Oct, 2024

Tata Consultancy Services reported a Q2 net profit decline, missing expectations, while revenue grew. The company announced a ₹10 dividend per share, focusing on emerging markets for growth.

TCS Announces New Facility and Upcoming Earnings - 09 Oct, 2024

Tata Consultancy Services (TCS) plans a new IT facility in Visakhapatnam, creating 10,000 jobs. Q2 FY25 results are anticipated, with expected revenue growth and a second interim dividend. The stock is currently experiencing profit booking but remains near support levels.

TCS Prepares for Q2 Earnings and Dividend Announcement - 08 Oct, 2024

Tata Consultancy Services is set to report Q2 results on October 10, with expectations of revenue growth from the BSNL deal and a potential interim dividend announcement.

TCS Reports Strong Q1 Earnings and Growth Prospects - 07 Oct, 2024

Tata Consultancy Services reported a consolidated Q1 net profit of Rs 12,040 crore, up 8.7% YoY, with increased hiring. Yes Securities issued a buy call with a target price of ₹5,292, highlighting TCS's growth potential amid strong contract values. Analysts expect TCS to lag in the upcoming earnings season.

TCS Reports Growth and Dividend Announcement - 06 Oct, 2024

TCS is set to report its Q2 FY25 results on October 10, 2024. The company announced a 9% YoY growth in Q1 net profit and fixed October 18 as the record date for the second interim dividend of FY25.

TCS Faces Challenges Amidst Analyst Concerns - 05 Oct, 2024

Analysts predict Tata Consultancy Services will underperform in the July-September quarter due to soft growth and a heavy reliance on Indian revenue, despite a strong order book.

TCS Prepares for Q2 Results and Dividend Announcement - 04 Oct, 2024

Tata Consultancy Services (TCS) is set to announce its Q2 FY 2024-25 results on October 10, 2024, potentially declaring a second interim dividend. The record date for dividend eligibility is October 18, 2024. TCS shares closed at Rs 4232.75, down 1.29% from the previous close.

TCS Prepares for Q2 Results and Dividend Announcement - 02 Oct, 2024

Tata Consultancy Services will announce its Q2 results on October 10 and consider a second interim dividend, with a record date of October 18.

TCS Prepares for Q2 Results and Dividend Decision - 01 Oct, 2024

Tata Consultancy Services is set to report its Q2 FY25 results on October 10, with analysts predicting modest revenue growth. The stock rose today, adding ₹5,424 crore to its market cap.