TCS to kick-off results season for India Inc on April 16

In a deviation from usual practice, Tata Consultancy Services (TCS) will kick-off the corporate sector's results season this year, announcing its earnings for the January-March quarter on April 16.

"A meeting of the Board of Directors of the company will be held on April 24, 2015, inter alia, to consider the audited financial results for the quarter and year ending March 31, 2015," the country's second largest software services firm said in a filing to the Bombay Stock Exchange.

Traditionally, Bangalore-based Infosys was the first large-cap company to announce its results in the second week of April, July, October and January.

TCS has already said it expects revenues in January-March 2015 quarter to be in line with trends in the same period last year even as currency continues to remain volatile.

HCL Technolgies will announce its earnings for the January-March period on April 21, followed by Infosys on April 24. Wipro is yet to share the date it will release the results for the quarter.

HCL expects its dollar revenues for the March quarter to see an "adverse impact" of 2.8 per cent on strengthening of the greenback against global rivals.

TCS had registered a year-on-year growth of 31.2 per cent in revenues (at Rs 21,551 crore) while HCL Technologies posted 29.8 per cent rise in revenues to Rs 8,349 crore in the January-March 2014 quarter.