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TCS skips post-earnings presser to mark Ratan Tata’s death anniversary

**TCS Skips Post-Earnings Press Conference to Mark Ratan Tata’s Death Anniversary**
*By Mudit Dube | October 8, 2025, 04:18 PM*

Tata Consultancy Services (TCS), India’s leading IT services company, has cancelled its post-earnings press conference for the second quarter (Q2) results. The event, originally scheduled for October 9, falls on the death anniversary of Ratan Tata, prompting the company to call off the media address out of respect.

While the press conference has been cancelled, an analyst call will still proceed as planned on October 9.

### Honoring Ratan Tata
Ratan Tata, former chairman of the Tata Group and an iconic figure in Indian industry, passed away on October 9, 2024, at the age of 86 due to age-related health issues. TCS’s decision to cancel the media interaction on the anniversary of his death reflects the deep respect for his legacy.

### Board Meeting and Changes in Schedule
Earlier, on September 22, TCS announced a Board of Directors meeting set for October 9. During this meeting, the board is expected to review and approve the audited standalone financial results for the quarter and six-month period ending September 30, 2025.

In a separate filing on September 23, TCS had initially confirmed that its leadership team would address the media at 5:30 PM on October 9, followed by an earnings conference call at 7:00 PM. However, the media address has since been cancelled due to the observance of Ratan Tata’s death anniversary, while the analyst call remains scheduled.

### Market Outlook for TCS Q2 Results
Analysts anticipate moderate revenue growth for TCS in Q2. Some clients are expected to reduce business, and the company might face some share losses.

Axis Securities projects a 3.5% quarter-on-quarter growth in topline revenue, largely driven by the Banking, Financial Services and Insurance (BFSI) sector, Hi-Tech clients, and favorable cross-currency movements. However, they also forecast a 21-basis-point decline in EBIT margin, attributed to wage increases, higher investments, and lower utilization rates.

Investors are also closely watching TCS’s restructuring efforts, which include plans to separate around 12,000 employees. This move is aimed at sharpening the company’s focus on artificial intelligence (AI) and emerging technology priorities.

Stay tuned for further updates on TCS’s Q2 performance and strategic initiatives.
https://www.newsbytesapp.com/news/business/tcs-cancels-q2-press-conference-due-to-ratan-tata-anniversary/story