TCS salary hike: Indias largest IT company Tata Consultancy Services (TCS) has not yet taken a decision on the pay hike for employees this year a top executive said. The IT majors Executive Vice President and Chief Human Resources Officer (CHRO) Milind Lakkad during a press conference on Thursday 10 July 2025 said the company has not made any decisions so far on the potential salary increase. “With respect to wage hikes we have not made any decisions so far” Milind Lakkad told reporters on Thursday. TCS declared its Q1 results on July 10. The IT major reported a 6 per cent rise in its consolidated net profits to ₹12760 crore for the April-June quarter of the financial year 2025-26 compared year-on-year (YoY) with ₹12040 crore in the same quarter a year ago. Its consolidated revenue from operations also rose 1.3 per cent to ₹63437 crore in the first quarter compared to ₹62613 crore in the same quarter of the previous financial year. The company had delayed its wage hike attributing it to the “uncertain environment” in the fourth quarter of the financial year 2024-25. Lakkad at the Q4 press conference said the wage hikes could occur anytime during the year depending on the companys business. “Because of the uncertain environment we will decide during the year on wage hikes. It can be at any time depending on business” he had told the media after the Q4 results announcement.