TCS Q2 margin may expand sequentially; revenue seen rising up to 9% YoY

TCS Q2 preview: The company's EBIT margins are likely to improve by 40-118 basis points on a quarterly basis due to improved pricing, operating leverage, and absorption of wage hikes

IT giant Tata Consultancy Services (TCS) is slated to release its July-September quarter (Q2FY23) results on Monday, October 10, 2022. 

Analysts expect the company to post a sequential revenue growth of 3-4.6 per cent in constant currency terms, while its net profit may rise in the range of 6-10.7 per cent from the last quarter. 

As per an average of five estimates compiled by Business Standard, the IT giant is expected to post a net profit of Rs 10,149 crore on a topline of Rs 53,552 crore in the September quarter.

On a yearly basis, the revenue could rise by 17-18 per