Search
+
    SEARCHED FOR:

    TATA TECHNOLOGIES LTD Q2 RESULTS

    IT stocks surge despite US immigration curbs

    On Friday, Indian IT stocks experienced an impressive surge, spearheaded by a remarkable 4.2% jump in Tata Consultancy Services shares. This unexpected rally took analysts by surprise, as it unfolded amidst ongoing concerns surrounding US regulations impacting technology firms. Additionally, OpenAI’s updated revenue projections alleviated fears regarding potential disruptions from AI on traditional IT services.

    Poonawalla Fincorp Q2 Results: Profit skyrockets 407% YoY to Rs 375 crore, NII rises 81%

    Poonawalla Fincorp reported a 407% year-on-year surge in Q2FY27 profit to Rs 375 crore, while net interest income rose 81%. Operating profit more than doubled, supported by business growth, improving asset quality and an expanded gold loan network.

    Explained: Why IT stocks ignored Donald Trump’s PERM suspension to gain Rs 70,000 crore in one day

    IT stocks rallied up to 4% on Friday, adding Rs 70,000 crore in market capitalisation, despite the US suspension of a labour certification programme. Strong Q2 results from TCS, easing oil prices and bond yields, and developments around OpenAI also supported sentiment. TCS gained after reporting 15% profit growth, while brokerages flagged near-term margin pressures and evolving AI-related risks.

    TCS shares jump 4% after Q2 results. What are Goldman Sachs, Nomura, others saying?

    TCS Share Price: Tata Consultancy Servies shares surged after the IT major reported a 15% year-on-year rise in Q2 consolidated net profit to Rs 13,884 crore. Revenue in constant currency terms grew 0.5% quarter-on-quarter, while operating margin stood at 24%. The company declared a second interim dividend of Rs 12 per share for FY27.

    TCS Q2 profit rises 15% to Rs 13,884 crore as AI revenue doubles; growth remains subdued

    TCS reported a 15% year-on-year rise in September-quarter net profit to Rs 13,884 crore, while revenue grew 11.2% to Rs 73,188 crore. AI services revenue doubled to $3.1 billion annually, but constant-currency growth was just 0.5%. Margins narrowed to 24% as hiring and operating costs increased.

    Infosys, Wipro ADRs fall nearly 3% after TCS earnings, US crackdown on H-1B-linked green card programme

    Infosys and Wipro ADRs fell nearly 3% in US trading as investors assessed TCS’s quarterly results and fresh US immigration restrictions. Concerns over technology spending, AI disruption and tighter employment-based immigration added pressure to Indian IT stocks.

    • Inside 11-quarter high earnings pomp, 46 companies may wipe out up to 84% of their Q2 profits

      At least 46 companies are expected to report double-digit profit declines in Q2, despite Motilal Oswal projecting 22% earnings growth for its coverage universe. Autos, cement, healthcare, consumer and cap goods are among sectors facing pressure, highlighting the uneven nature of the September-quarter earnings recovery.

      TCS dividend! IT giant declares second interim dividend of Rs 12 per share for FY27

      TCS announced a second interim dividend of Rs 12 per share for FY27 after reporting a 15% rise in Q2 net profit to Rs 13,884 crore. Revenue grew 11% to Rs 73,188 crore, while operating margin stood at 24%.

      TCS Q2 results: Profit rises 15% YoY to Rs 13,884 crore; co declares dividend at Rs 12 per share

      TCS Q2 Results 2026: IT services major Tata Consultancy Services (TCS) reported 15% year-on-year (YoY) growth in its consolidated net profit at Rs 13,884 crore for the second quarter. Also the company has declared a second interim dividend of Rs 12 per share for the financial year 2026-27.

      TCS shares jump 3% ahead of Q2 results. 5 things investors should watch out for

      TCS Share Price: According to the average of seven brokerages, TCS revenue is likely to grow about 13% YoY, while profit may rise around 9%. Sequential growth, however, is expected to remain modest, with most analysts pencilling in constant-currency revenue growth of 0.5-0.6%.

      TCS Q2 Results Preview: Can the IT bellwether show enough growth to calm investors?

      Tata Consultancy Services is scheduled to release its second-quarter results on October 8, with analysts predicting a year-on-year revenue growth of roughly 13%. However, the sequential growth might be modest at around 0.5%-0.6%. Investors will also be looking for updates on new contracts and collaborations with firms like Porsche and BSNL, as market sentiment stays cautious amid ongoing IT sector challenges.

      Stocks in news: TCS, Adani Enterprises, Ola Electric, HCL Tech, Tata Power and Varun Beverages

      Indian equities fell as the Reserve Bank of India increased the repo rate by 25 basis points. The Nifty 50 closed down 0.76%, facing resistance at the 22,800 level. Key corporate developments regarding Adani Enterprises, Tata Consultancy Services, Ola Electric, and HCL Tech will be in focus. Other companies like Jubilant FoodWorks and Bank of Baroda also reported significant updates.

      TCS, Infosys, HCL Tech, other IT stocks jump up to 3% despite weak market sentiment. What to expect as Q2 earnings season begins?

      IT stocks rose on Thursday as investors turned their attention to TCS, which is set to kick off the Q2 earnings season. Analysts expect modest sequential revenue growth, while a favourable base and margin support could aid year-on-year growth. Currency tailwinds may also support margins across Indian IT services companies.

      TCS Q2 results: Ready for the big move? Here's how to trade the IT stock on results day

      According to the average of seven brokerages, TCS revenue is expected to grow around 13% year-on-year, while profit is likely to rise about 9%. On a sequential basis, constant-currency revenue growth is expected at around 0.5-0.6%.

      Tata Motors PV, Maruti Suzuki, Ashok Leyland, auto stocks drop up to 3% as RBI signals rate cuts are ‘off the table’

      Auto stocks including Tata Motors PV, Maruti Suzuki, M&M and Ashok Leyland dropped on Wednesday after the RBI raised the repo rate and shifted to calibrated tightening. Analysts expect Q2 revenue growth to remain strong, but rising commodity costs, limited pricing power and elevated inventories could pressure margins and demand.

      Trent’s Rs 1.80 lakh crore rout from peak: Has Q2 just flipped the script for Tata group’s retail crown jewel?

      In Q2FY27, Trent demonstrated impressive financial performance, achieving a remarkable 23% increase in revenue compared to the previous year. This achievement is particularly noteworthy given the challenges other retailers faced during the festive period. With continued expansion in store locations for both Zudio and Westside, analysts are split on future prospects, balancing optimism for recovery against caution as the market awaits consistent revenue growth.

      Nifty earnings seen rising 27%, strongest growth in 17 quarters in Q2: Motilal Oswal

      India’s Q2FY27 earnings season is expected to mark a strong recovery in corporate profitability, with Nifty 50 earnings projected to grow 27% YoY, the highest in 17 quarters, according to Motilal Oswal. While resilient domestic fundamentals and liquidity support the outlook, persistent FII outflows, weak foreign investor sentiment and global macroeconomic pressures remain key challenges for Indian equities.

      Titan Company shares fall 4% after Q2 business update. What is Nomura saying?

      Titan Company reported 25% year-on-year growth across its consumer businesses in Q2FY27, led by jewellery, watches and EyeCare. Nomura retained its Buy rating, citing strong growth visibility despite high jewellery sales bases and elevated gold prices.

      Trent surges 13% to 2-year high after strong Q2 update

      Trent, the prominent Tata Group retailer, experienced a notable spike in share prices as it unveiled impressive second-quarter results. The company reported a significant 23% year-on-year revenue growth, amounting to ₹5,788 crore. This development led brokerages to enhance their forecasts and issue favorable ratings. Additionally, Trent celebrated the launch of its 1,000th Zudio store, reflecting productivity gains.

      Mamaearth, Nykaa expect strong growth momentum in Q2 FY27

      Honasa Consumer, the parent company of Mamaearth, expects consolidated NSV growth in the early thirties year-on-year (YoY) during the quarter, building on the momentum established in the first quarter of FY27, according to a filing with the stock exchanges. NSV refers to the net sales value after accounting for returns, taxes, discounts, and cancellations.

      Tata Power Renewables adds 88,397 rooftop solar installations in Jul-Sep quarter

      Tata Power Solaroof has announced impressive growth in rooftop solar panel installations during the July to September quarter, registering 88,397 new setups – a notable 33 percent increase from last year. The first half of FY27 saw over 1,68,530 installations, achieving a 50 percent year-on-year growth. Uttar Pradesh took the spotlight with 1,16,254 installations, helping the company reach a cumulative total of 5,75,000 installations and a capacity exceeding 5.

      Dabur shares rise 4% as firm sees double-digit Q2 growth; FMCG set for strong performance

      Dabur shares rose sharply on Tuesday after the FMCG major projected double-digit consolidated revenue and PAT growth in Q2FY27. Its India FMCG business is expected to accelerate, while Home & Personal Care could post double-digit growth. Food and Beverages may deliver mid-teens growth, while international business is expected to maintain strong momentum.

      Rentomojo shares rally 6% after Q1 revenue rises 51%, normalised PAT grows 72% YoY

      Rentomojo shares rallied after the company's first earnings report since its listing last month, which showed revenue up 50% year-on-year to Rs 126 crore in Q1 FY27. EBITDA rose to Rs 51 crore from Rs 34 crore, with margins st

      Trent shares hit 10% upper circuit after Q2 revenue rises 23% YoY to Rs 5,788 crore. Should you buy, sell or hold?

      Tata Group retail arm Trent reported a 23% year-on-year surge in Q2FY27 standalone revenue to Rs 5,788 crore, supported by strong growth across Zudio and Westside formats. Global brokerage BofA Securities has initiated coverage on the stock with a Buy rating and a target price of Rs 3,075.

      Kotak Mahindra Bank shares jump 4% as Q2 net advances rise 25% YoY, deposits up 23%

      Kotak Mahindra Bank's net advances increased 25% year-on-year to Rs 5.77 lakh crore in Q2 FY27. Total deposits rose more than 23% year-on-year to Rs 6.51 lakh crore during the same period. CASA deposits reached Rs 2.49 lakh crore, reflecting an 11% growth compared to last year. Anup Kumar Saha has been appointed as the new CEO, effective January 1, 2027.

      Indian IT’s Q2 earnings dilemma deepens: More deals but weaker growth and falling pricing power

      As Indian IT firms gear up for their Q2 earnings report, the landscape appears mixed. Strong deal activity persists, yet clients are pushing for higher efficiency, leading to a notable decline in revenue growth. Large IT companies may witness their weakest growth in three years, primarily due to acquisitions rather than organic expansion. Infosys is under a microscope for possible downward adjustments to its revenue guidance.

      TCS, Infosys and other IT stocks in focus after Accenture Q4 revenue, outlook beat estimates

      Indian IT stocks including TCS and Infosys are in focus following Accenture's strong Q4 results and above-estimate revenue guidance. While the outlook signals potential recovery in discretionary technology spending, analysts warn that Indian IT firms may still report their weakest Q2 growth in three years amid AI-led pricing pressures.

      Tata Motors PV shares fall over 3% despite 40% Q2 sales growth; Nifty Auto index down over 4%

      Tata Motors Passenger Vehicles shares dipped on Thursday despite a 40% year-on-year rise in Q2 FY27 sales, while the Nifty Auto index declined more than 4%. The company reported strong growth across passenger vehicles and EVs, with quarterly EV sales rising 90%. Investors are now watching festive-season demand and broader auto-sector trends.

      RIL Q2 Results: Nuvama sees 17% EBITDA growth, led by O2C biz. Here’s what to expect

      Reliance Industries is expected to report 17% year-on-year growth in Q2FY27 EBITDA to Rs 53,700 crore, led by stronger refining margins and higher throughput, according to Nuvama Research. While the O2C business is likely to drive near-term earnings, New Energy could emerge as a key growth driver, with EBITDA projected to reach Rs 20,100 crore by FY30. Nuvama retains its Buy rating with a target price of Rs 1,766.

      Load More
    The Economic Times
    BACK TO TOP