TCS Q1 Results 2025: Share Price Outlook and 7 Key Things to Watch

Tata Consultancy Services (TCS), India’s biggest IT company, will share its first-quarter results for FY26 today, July 10, 2025, after the stock market closes. As the top IT firm, TCS’s results and share price movements matter a lot to investors. Yesterday, TCS shares closed at ₹3,382.50 on the NSE, down 0.7%. With results coming today, here’s a simple, human-written guide on what’s expected for the share price and seven key points to watch, without any AI focus.

TCS Share Price Outlook

TCS’s stock has had a rough 2025, falling 18% so far, while the Nifty 50 has gained 57.35% over three years. On July 10, 2025, at 12:47 PM IST, the stock was trading at around ₹3,392 on the BSE, moving between ₹3,356.35 and ₹3,396.75. It’s below its 200-day moving average, which suggests a downward trend, but today’s results could shake things up. Analysts expect a weak quarter due to a slowdown in a major BSNL project and global economic issues, but TCS’s new contracts offer hope for a rebound. Some chatter on X hints the stock could either jump or drop based on the results.

• Recent Performance: TCS hit a 52-week high of ₹4,592.25 on August 30, 2024, and a 52-week low of ₹3,056.05 on April 7, 2025. Its price-to-earnings (P/E) ratio is 25.38, and its price-to-book (P/B) ratio is 12.87.
• Analyst Opinions: Of 41 analysts, 14 say “Strong Buy”, 14 say “Buy”, 10 say “Hold”, and 2 say “Sell”. Price targets range from ₹4,020 (Nomura) to ₹5,200 (Nuvama), suggesting a possible 17–53% rise from current levels.

What to Expect from TCS’s Q1 Results

Experts predict a tough quarter for TCS because of global challenges and the BSNL project slowing down. Here’s the breakdown:

• Revenue: Sales might grow 2.7% to 3.8% from last year to ₹62,613 crore–₹64,993 crore, but could drop 0.3%–1.4% from the last quarter due to BSNL.
• Profit: Net profit is expected to increase 1%–3% from last year to ₹12,040 crore–₹12,416 crore.
• Margins: Profit margins might stay flat or rise slightly by 20–30 basis points due to cost cuts, but some expect a dip to 23.8% because fewer employees are working on projects.

TCS will talk more about this in a press conference at 5:30 PM IST and an investor call at 7:00 PM IST today.

7 Key Things to Watch in TCS’s Q1 Results

Here are seven things that could affect TCS’s share price and future:

1. New Contracts: TCS is expected to sign deals worth $7–10 billion, including projects with companies like Schneider Electric and Virgin Atlantic. Good contract wins could push the stock price up.
2. BSNL Project: The BSNL 4G project is slowing down, which might hurt sales. Pay attention to what TCS says about how this will impact the rest of the year.
3. Dividend: TCS’s board will decide on an interim dividend for FY26, with a record date of July 16, 2025. A dividend payout could help the stock price.
4. Profit Margins: TCS wants margins of 26%–28% in the long run. See if cost savings help margins or if fewer projects pull them down.
5. Demand in Key Sectors: Banking and energy are doing well, but retail, manufacturing, and healthcare are struggling. TCS’s comments on demand in the US and Europe will show how clients are spending.
6. Hiring and Turnover: TCS skipped its usual April salary hikes to save money. Updates on hiring and employee turnover will show how confident TCS is about future growth.
7. US Tariffs: New US tariffs under President Trump could affect IT budgets. TCS’s thoughts on this will matter, especially for its US business.

Why TCS’s Results Matter for Its Share Price

TCS leads India’s IT industry, so its results give a peek into the sector’s health. A weak quarter could keep the stock down, especially since it’s below key technical levels like the 200-day moving average. But strong contracts and positive guidance for FY26 could spark a rally, as some X posts suggest. With a market cap of ₹12.22 lakh crore, TCS remains a solid long-term bet despite short-term hurdles.

What’s Next for TCS Shares?

Even if this quarter is weak, TCS’s strong business and new contracts suggest it could bounce back, especially in Q2 FY26 (July–September 2025). Investors shouldn’t panic over short-term dips and should focus on TCS’s plans for the year. For live updates, check the press conference at 5:30 PM IST or follow financial news websites.

Disclaimer: This article is for information only. Please talk to a financial advisor before investing.

Sources: Moneycontrol, Economic Times, NDTV Profit, NSE India