TCS shares in focus as Q2 profit misses estimates despite 5% YoY growth

Tata Consultancy Services (TCS), India's leading software exporter, will be in the spotlight on Friday following its report of a 5% growth in consolidated net profit, reaching Rs 11,909 crore for the second quarter ended September 2024, compared to Rs 11,342 crore in the same period last year. However, this profit fell short of analysts' expectations, which had estimated Rs 12,450 crore.