India's Q2 earnings season commences this week with major companies including Tata Consultancy Services (TCS), Avenue Supermarts (DMart), Anand Rathi Wealth, and GM Breweries scheduled to report their July-September quarter financial results. As many as 20 companies will announce their Q2 FY27 earnings between October 8 and October 10, marking the beginning of the quarterly results season for Indian corporates. The earnings announcements are structured across three days with TCS and GM Breweries reporting on October 8, followed by Poonawalla Fincorp, Anand Rathi Wealth, Can Fin Homes, Canara HSBC Life Insurance Company, Waterways Leisure Tourism (CORDELIA), and Hathway Bhawani Cabletel & Datacom on October 9. Avenue Supermarts (DMart) will announce its results on October 10, completing the week-long earnings schedule.
The earnings announcements are structured across three days with TCS and GM Breweries reporting on October 8, followed by Poonawalla Fincorp, Anand Rathi Wealth, Can Fin Homes, Canara HSBC Life Insurance Company, Waterways Leisure Tourism (CORDELIA), and Hathway Bhawani Cabletel & Datacom on October 9. Avenue Supermarts (DMart) will announce its results on October 10, completing the week-long earnings schedule. For traders, the focus will not only be on profit and revenue numbers but also on management commentary, margins, business growth and the outlook for the coming quarters.
For Tata Consultancy Services, investors will closely monitor constant-currency revenue growth, large-deal TCV conversions, BFSI demand recovery, and operating margins. The company's board of directors may also consider declaring a second interim dividend for the quarter, adding to the focus on operational performance and financial returns. Large-company results such as TCS can provide broader clues about corporate spending, technology demand and the health of the earnings cycle.
For Avenue Supermarts (DMart), key factors to watch include quick commerce threat and urban same-store sales growth (SSSG), EBITDA and PAT margins, Tier-2 & Tier-3 footprint expansion, and product mix impact on overall performance. The retail chain's ability to navigate competitive pressures while maintaining growth momentum will be closely scrutinized by market participants. Results from financial and consumer-focused companies could give traders a clearer picture of credit demand, consumption and business activity.
Anand Rathi Wealth enters the Q2 results season after delivering strong Q1 FY27 performance with revenue of ₹432.27 crore and net profit of ₹163.01 crore in the June 2026 quarter. Revenue increased 21.35% sequentially, while profit jumped 57.57% from Q4 FY26. The September quarter's numbers are particularly significant as they compare to Q2 FY26 results of ₹307.05 crore revenue and ₹99.90 crore profit. The October 9 board meeting will be an immediate trigger, followed by the company's October 12 earnings call. The possible interim dividend could also attract attention, with investors looking beyond simple YoY growth to assess whether the company can sustain the strong sequential momentum seen in Q1 FY27.
