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TCS Q2 result preview: Here's what brokerages expect

Earlier in the June quarter, TCS had posted 10% quarter-on-quarter (QoQ) drop net profit at Rs 5,950 crore

Tata Consultancy Services
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A private security guard stands at the exit gate of the headquarters of Tata Consultancy Services (TCS) in Mumbai | Photo: Reuters

Aprajita Sharma New Delhi
Tata Consultancy Services, country's largest software services firm, is scheduled to report its September quarter earnings post market hours on Thursday. Analysts expect TCS to report positive cross currency impact of 80-130 basis points and an improvement in margin on account of lack of wage hikes and visa cost for the quarter.

Earlier in the June quarter, TCS had posted 10% quarter-on-quarter (QoQ) drop net profit at Rs 5,950 crore. On a year-on-year (YoY) basis, PAT had slipped 5.82% in Q1 in rupee terms.

We have compiled what brokerages expect from TCS' Q2 numbers:

Kotak Institutional Equities

Analysts at Kotak