TCS adds over 9,200 employees in Q1, logs biggest hiring in over a year
Alongside higher hiring, TCS reported a solid financial performance for the June quarter. Consolidated net profit stood at Rs 13,349 crore, while revenue rose 14% year-on-year to Rs 72,275 crore.
India's largest IT company continued to expand its workforce in the first quarter of FY27, signalling confidence despite an uncertain global business environment. Alongside strong financial results, Tata Consultancy Services (TCS) added more than 9,200 employees, marking its biggest quarterly hiring in over a year.
STRONG HIRING AFTER A CHALLENGING YEAR
TCS added 9,279 employees on a net basis during the quarter ended June 30, 2026, taking its total workforce to 593,798. This is the company's strongest quarterly addition in more than a year and follows a net increase of 2,356 employees in the March quarter.
The latest hiring also indicates that TCS is gradually rebuilding its workforce after reducing headcount through much of FY26 as part of a broader optimisation exercise.
INVESTING IN TALENT DESPITE CAUTIOUS DEMAND
The company continued to hire even though demand remained largely stable in dollar terms, reflecting its focus on preparing for future growth. TCS reported a $9.5 billion order book for the June quarter, while revenue in constant currency grew 0.4% sequentially.
Employee retention also improved slightly. Voluntary attrition in the IT services business eased to 13.6% over the last twelve months, compared with 13.7% in the previous quarter.
TCS said employee learning remained a priority during the quarter. Its workforce completed 14.6 million learning hours and acquired 1.3 million new competencies. The company added that more than 312,000 employees now have higher proficiency in artificial intelligence (AI) and machine learning.
STRONG FINANCIAL PERFORMANCE
Alongside higher hiring, TCS reported a solid financial performance for the June quarter. Consolidated net profit stood at Rs 13,349 crore, while revenue rose 14% year-on-year to Rs 72,275 crore, supported by healthy technology spending from banking and financial services clients.
The company also announced an interim dividend of Rs 12 per share and said its annualised AI-related revenue reached $2.6 billion, underlining the growing role of AI in its business.
India's largest IT company continued to expand its workforce in the first quarter of FY27, signalling confidence despite an uncertain global business environment. Alongside strong financial results, Tata Consultancy Services (TCS) added more than 9,200 employees, marking its biggest quarterly hiring in over a year.
STRONG HIRING AFTER A CHALLENGING YEAR
TCS added 9,279 employees on a net basis during the quarter ended June 30, 2026, taking its total workforce to 593,798. This is the company's strongest quarterly addition in more than a year and follows a net increase of 2,356 employees in the March quarter.
The latest hiring also indicates that TCS is gradually rebuilding its workforce after reducing headcount through much of FY26 as part of a broader optimisation exercise.
INVESTING IN TALENT DESPITE CAUTIOUS DEMAND
The company continued to hire even though demand remained largely stable in dollar terms, reflecting its focus on preparing for future growth. TCS reported a $9.5 billion order book for the June quarter, while revenue in constant currency grew 0.4% sequentially.
Employee retention also improved slightly. Voluntary attrition in the IT services business eased to 13.6% over the last twelve months, compared with 13.7% in the previous quarter.
TCS said employee learning remained a priority during the quarter. Its workforce completed 14.6 million learning hours and acquired 1.3 million new competencies. The company added that more than 312,000 employees now have higher proficiency in artificial intelligence (AI) and machine learning.
STRONG FINANCIAL PERFORMANCE
Alongside higher hiring, TCS reported a solid financial performance for the June quarter. Consolidated net profit stood at Rs 13,349 crore, while revenue rose 14% year-on-year to Rs 72,275 crore, supported by healthy technology spending from banking and financial services clients.
The company also announced an interim dividend of Rs 12 per share and said its annualised AI-related revenue reached $2.6 billion, underlining the growing role of AI in its business.
