Tata Consultancy Services (TCS), India's leading IT services company, has announced its plans to review its second quarter financial results on October 9, 2025. The company has scheduled a board meeting to discuss and approve the financial performance for the quarter and six-month period ending September 30, 2025.

Key Highlights

• TCS board meeting scheduled for October 9, 2025
• Q2 and half-yearly financial results to be reviewed and approved
• Consideration of second interim dividend declaration
• Trading window closure from September 23 to October 11, 2025

Financial Results Review

The board of directors of TCS will convene to approve and take on record the following:

1. Audited standalone financial results under Indian Accounting Standards (Ind AS) for Q2 and the six-month period ending September 30, 2025
2. Audited consolidated financial results of the company and its subsidiaries under Ind AS for the same period

Potential Dividend Declaration

One of the key agenda items for the board meeting is the consideration of declaring a second interim dividend to equity shareholders. If approved, the dividend will be paid to shareholders whose names appear on the Register of Members or in the records of the Depositories as beneficial owners on the Record Date, set for October 15, 2025.

Trading Window Closure

In compliance with the company's Code of Conduct for Prevention of Insider Trading, TCS has announced the closure of the trading window for its equity shares. The window will remain closed from September 23, 2025, until 48 hours after the financial results are made public.

This announcement underscores TCS's commitment to transparency and timely disclosure of financial information to its stakeholders. Investors and market analysts will be keenly watching the results, as they will provide insights into the company's performance amidst the evolving global economic landscape and the dynamic IT services market.

As one of India's most valuable companies by market capitalization, TCS's financial results are often seen as an indicator of the overall health of the Indian IT sector. The upcoming review will offer a comprehensive look at the company's financial standing and potentially signal its dividend policy for the current fiscal year.

Tata Consultancy Services (TCS), India's leading IT services provider, has emerged as the second-largest recipient of H-1B visas, according to recent data from the U.S. Citizenship and Immigration Services (USCIS). The company secured 5,505 approved H-1B visas, positioning itself just behind Amazon, which led with 10,044 approvals.

Top H-1B Visa Recipients

The USCIS data reveals a competitive landscape for H-1B visas among tech giants and IT service providers:

New H-1B Visa Fee

In a significant policy shift, the Trump administration has announced a substantial increase in H-1B visa fees. A new annual fee of $100,000 will be imposed on H-1B visas. The administration cited systematic abuse of the program as the primary reason for this dramatic fee hike.

Growing Concerns Over H-1B Program

The administration's decision comes amidst growing concerns about the impact of the H-1B program on the U.S. job market:

• The number of foreign STEM workers in the U.S. has more than doubled from 1.2 million to 2.5 million between 2000 and 2019.
• During the same period, overall STEM employment increased by only 44.5%.
• IT workers now constitute over 65% of H-1B visa holders, up from 32% in 2003.

Wage Discrepancy and Job Displacement

The proclamation highlighted a significant wage discrepancy, noting that H-1B entry-level positions offer a 36% discount compared to traditional workers. This has led to concerns about companies replacing American staff with lower-paid foreign workers.

H-1B Visa Cap Reached

Despite the new fee and ongoing debates, the demand for H-1B visas remains high. USCIS has already reached the congressionally mandated caps:

• 65,000 regular H-1B visas
• 20,000 advanced degree exemptions

The new fee structure and ongoing discussions about the H-1B program's impact are likely to shape the future of skilled foreign worker employment in the United States, particularly in the tech sector where companies like TCS play a significant role.