All eyes on TCS’ Q2 financial performance

Updated - October 10, 2018 at 09:15 PM.

FILE PHOTO: Logos of Tata Consultancy Services (TCS) are displayed at the venue of the annual general meeting of the software services provider in Mumbai, June 29, 2012. REUTERS/Vivek Prakash/File Photo GLOBAL BUSINESS WEEK AHEAD

 

Thursday is the big day for the Q2 results season. Tata Consultancy Services will announce its quarterly financial performance for the period ended September 2018. Most analysts expect the EBIT margin of the company to improve in the second quarter of FY19 on account of rupee depreciation. Analysts expect sequential growth of about 4 per cent in revenues from the IT major. GM Breweries and specialty chemicals firm Amal will also declare their quarterly results.

Published on October 10, 2018 14:49