TCS Reports Growth with New Hires and Strong Quarterly Results

TCS Workforce Expansion and Financial Performance

Tata Consultancy Services (TCS) has welcomed 2,356 new employees during the January to March quarter of FY26, bringing its total workforce to 584,519, which marks a 0.40% increase from the previous quarter's 582,163. According to a regulatory filing, the company’s workforce comprises associates from 149 different nationalities, with women representing 35.1% of the total.

The voluntary attrition rate for TCS saw a slight rise to 13.7% on a year-over-year basis in the IT services sector, up from 13.5%, reflecting a 20 basis points increase quarter-over-quarter.

On Thursday, TCS disclosed its quarterly results, revealing a revenue increase of 9.6% year-on-year, totaling Rs 70,698 crore for the quarter ending March 2026. Additionally, the company's profit surged by 12% year-on-year to reach Rs 13,718 crore. The board also approved a final dividend of Rs 31 per share, which will be distributed on the third day following the conclusion of the 31st Annual General Meeting, pending shareholder approval.

Effective April 1, TCS will implement annual salary increases across all levels. Sudeep Kunnumal, Chief HR Officer, stated, “We are excited to roll out annual salary hikes across all grades. In Q4, we focused on building a future-ready workforce by adding experienced talent and campus recruits. Our commitment to fostering an AI-first culture and equipping our employees with AI-ready skills remains a top priority as we adapt to our customers' evolving requirements.”

On the stock market, TCS shares closed at Rs 2,589, reflecting a gain of Rs 29.80 or 1.16% in a single day.