Tata Consultancy Services (TCS) reported a modest increase in employee attrition during the first quarter of the current fiscal year, rising to 13.8%.

In comparison, the attrition rate was 13.3% in the previous quarter (March) and 13% in the quarter prior (December).

TCS Reports Slight Rise in Q1 Attrition Rate to 13.8%

TCS had a total personnel count of 613,069 on June 30, 2025.

This represents an increase from 607,979 employees as of March 31, 2025.

The corporation recorded a net increase of 6,071 employees over the previous year.

TCS’s Chief Human Resources Officer, Milind Lakkad, stated: “Talent Development is core to TCS. In this quarterour 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.”

In the June quarter (Q1FY26), TCS’s consolidated net profit increased by 6.7% to ₹12,819 crore, up from ₹12,105 crore in the same quarter last year.

Revenue from operations increased by 1.3% to ₹63,437 crore from ₹62,613 crore in the same period last year.

TCS Sees 3.6% YoY Rise in Employee Benefit Expenses to ₹37,715 Crore

Employee benefit spending increased 3.6% year on year to ₹37,715 crore, up from ₹36,416 crore the previous year.

Overall expenses rose by 1.6% to ₹48,118 crore.

TCS declared an interim dividend of ₹11 per share.

The interim dividend’s record date is July 16, 2025.

The final dividend payment is expected for August 4, 2025.

We recently reported that Tata Consultancy Services (TCS) has deferred its decision on annual salary hikes, once again leaving employees in uncertainty. During the Q1FY26 earnings press briefing, Chief Human Resources Officer Milind Lakkad stated, “We have not decided on that front yet… we’ll let you know as soon as we do.”

This follows an April announcement where TCS had indicated potential deferrals due to a challenging business environment.