TCS Q1 FY25 Results Preview: Tata Group IT giant set to kick off earnings season soon; PAT likely to decline 3% sequentially, margin could contract by 150 bps

TCS Q1 FY25 Results Preview: Mumbai-based Tata Consultancy Services (TCS), the country’s largest IT company, is all set to kick off a new earnings season for India Inc. as it will release its April-June quarter results on Thursday, July 11. With this, TCS will become the first Nifty50 company to release its financial results for the first quarter of the current fiscal year.

Investors will be closely watching the earnings report of IT giant Tata Group for domestic signals, even as stock indices Nifty50 and Sensex hit a series of records.

TCS Q1 FY25 results to be announced on July 11: Here’s what to expect

According to Zee Business research, TCS is estimated to report a consolidated net profit of Rs 12,050 crore for the quarter ended June 30, down 3.1% from the previous three months. Revenue is expected to grow 1.7% quarter on quarter to Rs 62,280 crore in rupees and 1.4% in dollar terms to $7,463 million.

The IT major is expected to report a 1.6 per cent growth in IT revenue in constant currency. It is expected to report Rs 15,280 crore in earnings before interest and tax (EBIT) for the June quarter, down 4.0 per cent sequentially, as per the research.

Zee Business analysts predict that Tata Consultancy Services’ quarterly margin will decline to 24.5 per cent from 26.0 per cent in January-March.

(This story will be updated soon)

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