TCS Q2 Headcount: 4,258 Employees Added As Attrition Slips To 13.3%

India's largest information technology (IT) company Tata Consultancy Services Ltd reported a voluntary attrition of 13.3% in the second quarter of FY27, while its headcount increased by 4,258 to 5,98,000 on a quarter-on-quarter basis.

Reflecting on Q2 numbers, Sudeep Kunnumal, Chief HR Officer, said “We continue to build a future-ready workforce through upskilling our employees and hiring top talent. Investments in learning and critical skills drove a 17% sequential increase in learning hours to 17.1 million. This quarter our employee base reached over 5,98,000, while attrition remained stable at 13.3%.”

In the first quarter of the current fiscal, TCS reported a voluntary attrition of 13.6%, while the headcount stood at 5,93,798 employees at the end of the quarter.

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TCS Q2FY27 Results

The IT giant announced its second quarter results on Thursday, October 8, with profit and revenue in-line with analyst estimates. They have also declared a dividend of Rs 12 per share. TCS has announced a rise of 4% in net profit to Rs 13,884 crore, as compared to Rs 13,349 crore in the previous quarter. Revenue also rose marginally to Rs 73,188 crore. 

TCS Q2 Results - Cons, QoQ

• Net profit up 4% at Rs 13,884 crore vs Rs 13,349 crore QoQ
• Revenue up 1.3% at Rs 73,188 crore vs Rs 72,275 crore QoQ
• EBIT up 1.4% at Rs 17,553 crore vs Rs 17,317 crore QoQ
• EBIT margin at 24% vs 24.38% QoQ

TCS Q2 Results vs Estimates

• Net profit at Rs 13,884 crore vs estimate of Rs 13,788 crore
• Revenue at Rs 73,188 crore vs estimate of Rs 73,026 crore
• EBIT at Rs 17,553 crore vs estimate of Rs 17,805 crore
• EBIT margin at 24% vs estimate of 24.38%

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