Tata Consultancy Services (TCS), the country's largest IT firm, is likely to register a 2.1 per cent sequential increase in its consolidated revenue for the September quarter, according to Zee Business research.

The focus will remain on demand recovery and generative AI pipeline as rival Accenture recently posted a stellar uptick in interest and revenue from Gen AI projects.

TCS will kick off the earnings season on October 10, reporting its Q2 results alongside companies like Tata Elxsi and DMart. Key earnings to watch include TCSs revenue growth and DMart's significant profit jump in Q1 FY25.

Prabhudas Lilladher expects its IT coverage to post a median revenue growth of 1.6 per cent QoQ CC in Q2 vs 1.5 per cent in Q1. Likewise, operating margins are expected to witness a notable recovery of 40bps (median).

Q2FY25 earnings for the IT sector seem to be heading to a gradual recovery amid caution, according to brokerage houses

For Tier-I companies, revenue growth is expected to range from flat to +3.0% quarter-on-quarter (QoQ) in Constant Currency (CC) terms. Meanwhile, Tier-II companies are projected to experience revenue growth between flat to +4.

TCS Q2 Results FY 2024-25 Date ad Time, TCS Q2 Result Preview, TCS Dividend Record Date: IT bellwether TCS will announce its quarterly results on October 10. TCS will also announce dividend for its shareholders in the quarterly earnings.

Indian IT giant Tata Consultancy Services (TCS) is forecast to see up to 7.7% year-on-year revenue growth in the September quarter, chiefly driven by the BSNL deal. Analysts expect a net profit uptick of 8-10%,

TCS Q2 revenue is expected to grow 2.2% to ₹64,011 crore from ₹62,613 crore, QoQ, led by deal scale-up, including the BSNL deal and incremental pick-up in North America BFSI.