Q2 Results: TCS Faces Profit Decline, Tata Elxsi and IREDA Shine

The Q2 results for major companies are in, with Tata Consultancy Services (TCS) reporting a slight profit dip of 1.1%, down to Rs 11,909 crore, while its revenue grew by 2.6% to Rs 64,259 crore.

On the other hand, Tata Elxsi saw a remarkable 24.6% profit surge to Rs 229.4 crore, with revenue climbing 3.1%. IREDA also performed strongly, with profits rising by 36%. Anand Rathi Wealth posted a 32.4% profit growth, while Den Networks faced a 10% revenue decline despite a profit increase of 13.94%.


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