Q2 results season starts this week with TCS, IREDA, DMart. Check the earnings calendar

IT giant Tata Consultancy Services (TCS) will kick off the earnings season for the quarter ending September 10. Apart from this bellwether company, IREDA, Tata Elxsi and Avenue Supermarts (DMart) are among the top companies. Quarterly results this week. Here’s a look.

8 and 9 October

Transformers and Rectifiers, along with Navkar Corporation will announce their results on October 8. Meanwhile, Reliance Consumer Products-owned Lotus Chocolates, GTPL Hathaway, Western Carriers and Rhetan TMT will announce their Q2 results on October 9.

October 10

IT major Tata Consultancy Services (TCS) will announce its Q2 results on October 10. In Q1 FY25, TCS reported 9% year-on-year growth in its net profit, which stood at Rs. 12,040 crore (the company’s profit attributable to shareholders), compared to Rs. 11,120 crore as compared to Rs. However, the consolidated profit for the period was Rs. 12,105 crores.

The company’s income from operations is Rs. 62,613 crore, which was Rs. 59,381 crore is 5.4% higher than Rs.

Apart from TCS, Tata Elxsi, Anand Rathi Wealth, Arkade Developers, Den Networks and GM Breweries will also announce their Q2 results on October 10.

October 11

Hathway Cable & Datacom, Reliance Industrial Infrastructure, and Plastiblends India will also announce their quarterly results this week.

October 12

Avenue Supermarts (DMart) will announce its Q2 earnings on October 12.

In Q1 of FY25, Avenue Supermarts, which runs the popular DMart chain of retail stores, reported that its consolidated profit for the same quarter of the previous fiscal year was Rs. 659 crore, up 17.5% to Rs. 774 crores. The company’s revenue grew 18.6% year-on-year (YoY) to Rs. 14,069 crores.

The company’s consolidated basic earnings per share (EPS) for Q1 FY25 was Rs. 10.14 to Rs. was 11.89. On a stand-alone basis, its revenue grew 18.4% YoY to Rs. 13,712 crore, while PAT also increased by 16.8% YoY to Rs. 812 crores.

D-Mart follows a low-cost and low-cost strategy aimed at leveraging operational and distribution efficiencies to deliver value for money to customers by purchasing goods at competitive prices, selling at competitive prices.

In the June quarter, FII holdings in the company increased from 8.3% to 9.2%, while DII ownership fell to 8% from 8.6%.