**TCS Skips Post-Earnings Press Conference to Mark Ratan Tata’s Death Anniversary**
*By Mudit Dube | October 8, 2025, 04:18 PM*
Tata Consultancy Services (TCS), India’s leading IT services firm, has decided to cancel its post-earnings press conference for the second quarter (Q2) results, originally scheduled for October 9, 2025. The decision comes as the date coincides with the death anniversary of Ratan Tata, a legendary figure in the Tata Group.
Although the press conference has been called off, TCS will still conduct an analyst call later the same day to discuss the company’s financial performance.
**Remembering Ratan Tata**
Ratan Tata passed away on October 9, 2024, at the age of 86, due to age-related health issues. His contributions to Indian industry and the global business community have left an indelible mark, making this day one of remembrance across the Tata Group.
**Board Meeting and Changes in Media Schedule**
On September 22, TCS announced that its Board of Directors would meet on October 9 to consider and approve the audited standalone financial results for the quarter and six-month period ending September 30, 2025.
Subsequently, on September 23, TCS had scheduled a media address at 5:30 PM on October 9, with an earnings conference call to follow at 7:00 PM. However, out of respect for Ratan Tata’s death anniversary, the media address has been cancelled while the earnings call will proceed as planned.
**Market Outlook: What to Expect from TCS’s Q2 Results**
Analysts anticipate moderate revenue growth for TCS in Q2, although some accounts are expected to ramp down, and the company may experience share losses in certain areas.
According to Axis Securities, TCS’s topline is likely to grow by approximately 3.5% quarter-on-quarter, driven by strong performance in the BFSI (Banking, Financial Services, and Insurance) and Hi-Tech sectors, along with favorable cross-currency movements.
However, a 21-basis-point decline in EBIT margin is forecasted, largely due to rising wage costs, increased investments, and lower utilization rates.
Investors will also be closely watching TCS’s ongoing restructuring efforts, including the planned separation of around 12,000 employees, which is part of the company’s strategic shift toward strengthening its focus on artificial intelligence (AI) capabilities.
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Stay tuned for detailed updates following the analyst call as TCS unfolds its Q2 financial performance and future strategy.
https://www.newsbytesapp.com/news/business/tcs-cancels-q2-press-conference-due-to-ratan-tata-anniversary/story
