Bad news for TCS employees: In a significant development impacting the employees of Ratan Tatas Tata Consultancy Service (TCS) the company has announced the reduction of variable pay of its senior employees for the third consecutive quarter. As per a report by Moneycontrol the IT company has decided to go for the variable cut of the senior employees for the December quarter. Here are all the details you need to know about the recent announcement by TCS. The report has quoted the chief human resource officer (CHRO) Milind Lakkad as saying that the decision on the wage hike will be taken within the year. Earlier Indias largest IT services firm Tata Consultancy Services reported a 1.68 per cent dip in its consolidated net profit to Rs 12224 crore for the March 2025 quarter as per a report by news agency PTI. For a background TCS had first cut senior staffs variable pay for the September quarter after linking the salary component to office attendance a report by the Economic Times said. TCS quarter results Tata Consultancy Services (TCS) - whose earnings marked the official start of IT results season - reported a total revenue of Rs 64479 crore in Q4 FY25 up 5.3 per cent over the year-ago period. For the full year FY25 TCS net profit rose 5.76 per cent year-on-year to Rs 48553 crore. Milind Lakkad Chief HR Officer of TCS said the trainee onboarding in FY25 was 42000 as planned. Meanwhile the TCS board has recommended a final dividend of Rs 30 per equity share of Re 1 each of the company. TCS’ Q4 report card comes amid storm clouds over the global economy triggered by US now-on now-off tariff posturing that has thrown the world into a tizzy. (With inputs from agencies)