Q2 Results Updates: TCS Net Profit Falls 1%, IREDA Revenue Up 38%
As many as 12 companies, are set to announce their quarterly results for the three months ending September 2024.
Q2 Results Live: Tata Elxsi
Revenue rose 3.1% at Rs 955 crore versus Rs 926 crore (QoQ).
EBIT Margin at 25% versus 24.4% (QoQ).
EBIT rose 5.8% at Rs 239 crore versus Rs 226 crore (QoQ).
Net Profit rose 24.7% At Rs 229 crore versus Rs 184 crore (QoQ).
TCS Q2 Results Live: Patents During The Quarter
As on Sept. 30, TCS had applied for 8,354 patents, including 160 applied during the quarter and been granted 4,369 patents including 223 granted during the quarter.
TCS Q2 Results Live: Management Comments
"Our longer-term cost structures remain unchanged, and we remain confident in our ability to continue delivering industry leading profitable growth," Samir Seksaria, Chief Financial Officer TCS.
Source: Press Release
TCS Q2 Results Live: Management Comments
“Cautious trends of the last few quarters continue to play out in this quarter as well,” said K Krithivasan, CEO and MD at TCS.
Source: Press Release
TCS Q2 Results Live: 11,000 Associates Joined The Company In The First Half Of The Year, Said Milind Lakkad
"We welcomed 11,000 associates in the first half of the year," said Milind Lakkad, Chief HR Officer - TCS. He also said that the company is on track for trainee onboarding. The tech giant has also commenced the campus hiring process for financial year 2026, according to the exchange filling.
