Indian IT bellwether Tata Consultancy Services saw a slight rise in employee churn during the first quarter of the current fiscal. The company posted attrition rate of 13.8% during the quarter under review, according to an exchange filing on Thursday. It had reported attrition rate of 13.3% in the March quarter and 13% in the December quarter.
As of June 30, 2025, the total headcount at TCS stood at 613,069, against 607,979 on March 31, 2025. The company said it had net headcount addition of 6,071 year-on-year (YoY).
“Talent Development is core to TCS. In this quarter, our associates invested 15 million hours in building expertise in emerging technologies, enabling them to lead the transformation journey for our customers. It is gratifying to note that TCS now has 114,000 people with higher order AI skills,” said Milind Lakkad, chief human resources officer at TCS.
India's largest software exporter kicked off June quarter earnings season on Thursday, reported a 6.7% YoY growth in its Q1FY26 consolidated net profit at Rs 12,819 crore, against Rs 12,105 crore in the corresponding quarter last year. Revenue from operations rose 1.3% at Rs 63,437 crore, compared with Rs 62,613 crore in the year-ago period.
Employee benefit expenses increased 3.6% YoY during the June quarter to Rs 37,715 crore, compared to Rs 36,416 crore in the same period last year. Total expenses rose 1.6% to Rs 48,118 crore.
The Indian IT major announced an interim dividend of Rs 11 per share. Record date for the same is July 16, 2025, with final payment by August 4, 2025.
As of June 30, 2025, the total headcount at TCS stood at 613,069, against 607,979 on March 31, 2025. The company said it had net headcount addition of 6,071 year-on-year (YoY).
“Talent Development is core to TCS. In this quarter, our associates invested 15 million hours in building expertise in emerging technologies, enabling them to lead the transformation journey for our customers. It is gratifying to note that TCS now has 114,000 people with higher order AI skills,” said Milind Lakkad, chief human resources officer at TCS.
India's largest software exporter kicked off June quarter earnings season on Thursday, reported a 6.7% YoY growth in its Q1FY26 consolidated net profit at Rs 12,819 crore, against Rs 12,105 crore in the corresponding quarter last year. Revenue from operations rose 1.3% at Rs 63,437 crore, compared with Rs 62,613 crore in the year-ago period.
Employee benefit expenses increased 3.6% YoY during the June quarter to Rs 37,715 crore, compared to Rs 36,416 crore in the same period last year. Total expenses rose 1.6% to Rs 48,118 crore.
The Indian IT major announced an interim dividend of Rs 11 per share. Record date for the same is July 16, 2025, with final payment by August 4, 2025.