TCS adds 625 employees in Q4, reversing workforce decline from last quarter

IANS April 10, 2025 167 views

Tata Consultancy Services has successfully reversed its workforce decline by adding 625 employees in Q4 FY25. The company maintained its hiring plan of 42,000 fresh graduates and continues to pride itself on being an employer of choice. Despite a slight increase in attrition to 13.3%, TCS remains committed to professional growth and employee engagement. The company's net profit slightly decreased, but operational revenue grew 5.3% year-on-year.

"We continue to enjoy the pride of place as the employer of choice" - Milind Lakkad, CHRO TCS
Mumbai, April 10: IT services major Tata Consultancy Services (TCS) on Thursday announced it has added 625 employees on a net basis during the fourth quarter (Q4) of FY25, reversing the previous quarter’s workforce decline.

Key Points

1

TCS adds 625 employees after previous quarter's workforce reduction

2

Company onboarded 42,000 freshers in FY25

3

Attrition slightly increased to 13.3%

4

Consolidated net profit marginally declined

In the December quarter (Q3 FY25), TCS reported a reduction of 5,370 employees in its workforce.

With the addition in Q4, the company’s total employee count now stands at 6,07,979, as per its regulatory filing.

TCS said it had onboarded 42,000 freshers during FY25 as per its original plan.

Chief Human Resources Officer Milind Lakkad said the company continues to be the “employer of choice and maintains the industry’s best retention rate”.

He added that TCS focuses on a culture that promotes professional and personal growth, well-being, and meaningful engagement.

“Our trainee onboarding in FY25 was 42,000 as planned. We continue to enjoy the pride of place as the employer of choice, and the industry-best retention rate by prioritising a culture of professional and personal growth, wellbeing, and purpose-driven engagement for our associates," Lakkad informed.

However, attrition during the quarter rose slightly to 13.3 per cent, compared to 13 per cent in the previous quarter.

The company’s overall headcount had declined in FY24 -- the first such drop since it was listed in 2004. In contrast, TCS had added 22,600 employees in FY23 and over 1.03 lakh in FY22.

The IT major’s consolidated net profit for Q4 fell nearly 2 per cent year-on-year (YoY) to Rs 12,293 crore. In the same quarter last year, the company had reported a net profit of Rs 12,502 crore.

Revenue from operations, however, grew 5.3 percent YoY to Rs 64,479 crore for the quarter ending March 2025, up from Rs 61,237 crore a year ago.

As Indian equity market was closed on Thursday due to Mahavir Jayanti, TCS shares closed 1.41 per cent lower at Rs 3,239 apiece On April 9 on the National Stock Exchange (NSE).

Reader Comments

R
Rahul K.
Great to see TCS bouncing back with positive hiring numbers! Their focus on employee growth and wellbeing is really commendable. 👏 Hope this trend continues in the coming quarters.
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Priya M.
Interesting how they onboarded 42,000 freshers while still having net reduction earlier. The IT job market seems so unpredictable these days. Wishing all the new hires the best!
A
Amit S.
While the hiring numbers look positive, the slight increase in attrition rate is concerning. TCS might need to look deeper into why employees are leaving despite their "employer of choice" claims.
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Neha P.
My cousin just joined TCS last month as a fresher! She's really excited about their training program. Hope this means good opportunities for all the new recruits. 🤞
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Sanjay T.
The revenue growth is impressive, but the net profit decline shows there are still challenges. Wonder how this will affect future hiring plans?
M
Meera K.
As someone who worked at TCS for 5 years, I can vouch for their culture. The work-life balance initiatives they introduced during my time there were really helpful. Good to see them maintaining their standards.

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Tags:
TCS Tata Consultancy Services IT Services Employment Workforce Milind Lakkad Indian IT Sector
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