TCS Q1 Results Preview: Analysts Expect Net Profit of Rs 12,251 Crore

1 min read     Updated on 10 Jul 2025, 07:01 AM
scanxBy ScanX News Team
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Overview

TCS is expected to report a net profit of Rs 12,251.00 crore and revenue of Rs 64,628.00 crore for Q1 FY2024. Analysts anticipate modest growth despite global IT industry headwinds. Tata Elxsi is also set to announce Q1 results, with expected net profit of Rs 170.00 crore and revenue of Rs 914.00 crore. IREDA will report Q1 results on July 10.

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Tata Consultancy Services (TCS), India's largest IT services company, is set to report its first-quarter results for the fiscal year 2024. Analysts are closely watching the performance of the tech giant amid global economic uncertainties.

Q1 Expectations

According to market estimates, TCS is expected to report:

Metric Expected Value
Net Profit Rs 12,251.00 crore
Revenue Rs 64,628.00 crore

Analysts anticipate modest growth for TCS in the first quarter. The company's performance is likely to be scrutinized as a bellwether for the Indian IT sector, given its significant market presence and diverse client base.

Industry Context

The results come at a time when the global IT industry is facing headwinds due to macroeconomic challenges and cautious spending by clients in certain sectors. Despite these challenges, TCS has historically demonstrated resilience and adaptability in navigating market fluctuations.

Other Tech Earnings

In related news, Tata Elxsi , another player in the technology space, is also slated to announce its Q1 results. The company's estimates show:

Metric Expected Value
Net Profit Rs 170.00 crore
Revenue Rs 914.00 crore

Analysts predict weakness across segments for Tata Elxsi, indicating potential challenges in the broader tech ecosystem.

Additional Result Announcements

Indian Renewable Energy Development Agency (IREDA) is also scheduled to report its Q1 results on July 10, adding to the roster of companies releasing their financial performance this week.

As the earnings season kicks off, investors and market watchers will be keenly analyzing these results for insights into the health of India's technology and renewable energy sectors. The performance of these companies could provide valuable indicators of broader economic trends and sector-specific dynamics in the coming quarters.

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Tata Elxsi Partners with Infineon to Develop EV Solutions for Indian Market

1 min read     Updated on 19 Jun 2025, 09:33 AM
scanxBy ScanX News Team
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Overview

Tata Elxsi and Infineon Technologies have formed a strategic partnership to develop electric vehicle (EV) solutions for the Indian market. The collaboration aims to create ready-to-deploy systems for various EVs, focusing on automotive-grade, cost-efficient, and safety-compliant subsystems including high-voltage inverters, battery management systems, and onboard chargers. This partnership is expected to advance India's EV ecosystem, potentially leading to increased localization of EV component manufacturing, enhanced technological capabilities, and improved affordability and safety standards for EVs in India.

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*this image is generated using AI for illustrative purposes only.

Tata Elxsi , a leading design and technology services provider, has announced a strategic partnership with Infineon Technologies, a global semiconductor leader, to develop electric vehicle (EV) solutions tailored for the Indian market. This collaboration marks a significant step in advancing India's EV ecosystem and promoting sustainable transportation solutions.

Key Highlights of the Partnership

  • Focus on Ready-to-Deploy Systems: The partnership aims to create ready-to-deploy systems for various types of electric vehicles, leveraging Infineon's cutting-edge semiconductor technologies.

  • Comprehensive EV Subsystems: The collaboration will focus on producing automotive-grade, cost-efficient, and safety-compliant EV subsystems, including:

    • High-voltage inverters
    • Battery management systems
    • Onboard chargers
  • Market-Specific Solutions: By combining Tata Elxsi's design expertise with Infineon's semiconductor prowess, the partnership aims to develop solutions specifically tailored to the Indian market's needs and requirements.

Implications for the Indian EV Market

This strategic alliance between Tata Elxsi and Infineon Technologies is poised to accelerate the development of the Indian EV industry. By focusing on cost-efficient and safety-compliant solutions, the partnership addresses two critical factors for EV adoption in India: affordability and reliability.

The collaboration is expected to contribute significantly to the growth of India's EV ecosystem, potentially leading to:

  1. Increased localization of EV component manufacturing
  2. Enhanced technological capabilities in the domestic automotive sector
  3. Potential reduction in the overall cost of EVs in the Indian market
  4. Improved safety standards for electric vehicles

As the partnership progresses, it may open up new opportunities for Tata Elxsi in the rapidly expanding EV market, potentially impacting the company's future growth and market position in the automotive technology sector.

Investors and industry observers will be keen to watch how this partnership unfolds and its potential impact on Tata Elxsi's business in the coming quarters.

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1 Day5 Days1 Month6 Months1 Year5 Years
-0.49%-1.50%-8.70%+2.02%-14.01%+559.34%
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