Tata Consultancy Services (TCS), India’s largest IT services company, will kick off the earnings season on Thursday, with investors bracing for muted growth and tight margins amid rising global uncertainty, wage pressures, and a sweeping workforce restructuring plan.
The company’s second-quarter results come at a time when the broader Indian IT industry is struggling to regain momentum.
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Demand from key markets like the US remains soft, pricing pressure is intensifying, and the rise of generative AI is forcing traditional outsourcing firms to rethink how they deliver value.
Against this backdrop, TCS’s performance will serve as a crucial barometer for the entire sector.
WHAT TO EXPECT FROM TCS Q2
Brokerages expect modest year-on-year growth in revenue and profit.
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