TCS Q2 Results live updates: IT giant Tata Consultancy Services is all set to kick off the earnings season for the second quarter of FY24. TCS is also likely to announce its fifth share buyback in six years, rewarding investors with the increasing cash in its reserves.
Any decision will be taken after discussing with the customer and understanding their needs to ensure business continuity, said COO N Ganapathy Subramaniam
TCS reported a 9 percent year-on-year (YoY) growth in consolidated net profit for the quarter ended September 2023 to Rs 11,342 crore. Consolidated revenue grew nearly 8 percent YoY to Rs 59,692 crore