Tata Consultancy Services (TCS) announced its fourth quarter results for fiscal 2026-27(Q4FY26) and reported that its attrition rate rose to 13.7% compared to 13.5% in the previous third quarter of FY26. India's largest information technology (IT) services giant's headcount in the March quarter rose by over 2,000 employees to 5,84,519 from 5,82,163 in the December quarter.
TCS closed the financial year 2025-26 (FY26) with a total employee headcount of 5,84,519. ''Women makes up 35.2% of total employee strength,'' said the software services firm in its statement on Thursday, April 9. During the third quarter, TCS informed the stock exchanges, that from the first quarter of FY26, employee headcount had fallen by 30,906 then, after the restructuring program. In July 2025, TCS disclosed plans to slash its workforce by 2% in FY26, affecting the middle and senior management.
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Commenting on the firm's Q4 performance, Sudeep Kunnumal, Chief HR Officer, said "We are pleased to implement annual salary increases across all grades effective 1st April. In Q4, we continued to invest in a future ready workforce with strong additions across experienced talent and campus hires. Building an AI first culture and equipping our people with AI ready skills remained a key priority in FY26 and will continue into FY27, as we align closely with our customers' evolving needs."
TCS Q4 Attrition
On a sequential basis, the total workforce increased by 2,356 employees 5,84,519 in the January-March quarter from 5,82,163 employees in the preceding December quarter of FY26. However, on an annual basis, the total headcount declined by 23,460 employees from 6,07,979 in the year-ago period. The voluntary last-12 months (LTM) attrition rate rose to 13.7%. TCS reported 5.2 million competencies acquired in FY26 and 69 million total learnings hours clocked by employees during the full-year.
TCS Q4 Results
TCS posted a 29% sequential rise in its net profit for the fourth quarter of fiscal 2026. The IT giant registered its consolidated bottom-line at Rs 13,720 crore for quarter ended March 31, 2026. In the previous quarter its net profit stood at Rs 10,657 crore. Bloomberg analysts had estimated a net profit of Rs 13,581 crore for the quarter-under-review.
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The TCV for FY26 was at $40.7 billion, while it stood at $12 billion in the fourth quarter of FY26. TCS bagged three mega deals in Q4 and five during the entire financial year. The annualised AI revenue crossed $2.3 billion during the March quarter. TCS delivered its highest operating margin and net margin in the last four years.
TCS Declares Final Dividend
TCS recommended a final dividend of Rs 31 per share for FY26, bringing the total dividend payout to Rs 110 per share for the entire fiscal. Prior to the announcement, TCS had already disbursed dividends totaling Rs 79 per share in FY26. This was buoyed by a stronger-than-expected third-quarter distribution of Rs 57 per share, which included a special dividend.
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