Thursday, September 24

TCS attrition rate inches up to 13.8% in Q1

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 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)."Our associates invested 15 million hours and acquired 1.3 million competencies in emerging technologies," TCS said.The IT major 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.
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