Tata Consultancy Services (TCS), India's largest IT services company, is set to announce its July-September quarter earnings on October 9, with the Board of Directors also considering a second interim dividend for shareholders. This comes as the IT sector faces headwinds from recent U.S. policy changes and market pressures.

Financial Results and Dividend Announcement

TCS has scheduled a Board meeting on October 9 to approve and take on record the audited standalone and consolidated financial results for the quarter and six-month period ending September 30. The company will also consider 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 October 15, which has been set as the Record Date.

Recent Performance and Market Challenges

In the previous quarter, TCS reported:

• Consolidated profit after tax: Rs 12,760.00 crore (6% year-on-year increase)
• Revenue: Rs 63,437.00 crore (1.3% increase, 3.1% decline in constant currency terms)

The company's share price has faced pressure recently, declining 3% to Rs 3,075.50 following U.S. President Donald Trump's executive order that significantly raises H-1B visa application fees from $1,000.00 to $100,000.00 per applicant. This policy change has had a broader impact on the Indian IT sector, with the Nifty IT index falling 3% and major IT stocks declining between 1.9% and 4.3%.

Stock Performance and Dividend History

TCS shares have underperformed both the Nifty and the IT sector over the past year, falling over 28%. Despite these challenges, the company has maintained its commitment to shareholder returns. TCS paid Rs 11.00 per share as its first interim dividend for the current fiscal year and has a strong track record of dividend payments, having declared 90 dividends since October 2004.

Trading Window Closure

In line with regulatory requirements and the company's Code of Conduct for Prevention of Insider Trading, TCS has announced that the Trading Window for its equity shares will remain closed from September 23 until 48 hours after the financial results are made public.

As the IT sector navigates through global economic uncertainties and policy changes, investors and analysts will be closely watching TCS's upcoming results for insights into the company's performance and outlook in this challenging environment.

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.