Note: Check TCS q2 2010 results here.Results are out.

Tata Consultancy services, India’s No 1 software exporting company by revenues will be announcing its second (Q2) quarter results ending on Sept 30th on Oct 16th 2009. Earlier in the month Infosys Technologies has come out with an impressive Q2 results on Oct 09th with a profit of Rs 1540 Crores.

So there is a lot of expectations from the largest Indian IT company,TCS for Q2 2010 results. In the last few days with rupee appreciation, the Indian IT counters has lost a few % points in the share markets. For eg:- TCS tocuhed Rs 648 per share a couple of days back and now it has fallen almost 12% to Rs560 levels. Same was the condition with Wipro Stock. Check out expected TCS Q2 2010 results below :-

Revenues :Rs 7,355 crores
PAT : Rs 1525 crores.
Y-o-Y Growth of PAT : 20%

These set of stocks look impressive at these rates given that they have fallen almost 10-12% in the last few days and also we can expect a positive results from these companies in the coming days. So for short term gains, one can look into these stocks. Currently TCS is trading higher with gains of 2.3% at Rs 574 levels. Recently Mr. N.Chandrasekaran has taken over as the new CEO and MD of TCS and he is very aggressive about growth of the Company.

You can sign in here to get updated TCS Q2 2010 results on your mobiles directly. You can check out TCS Q1 2010 results here and TCS Q2 2009 results to gauge in the performance of the company in the last quarter and in the same quarter in last year.Keep visiting the place for TCS q2 2010 results announcement and analysis of the same. Meanwhile Infosys has announced a 8% hike for all its employee, so it needs to be seen what decision is taken by TCS board on Employee salary hikes.


Powered by