TCS Q1 Attrition Rate Nears Two-Year High To 13.8%; Headcount Stands At 6.13 Lakh
TCS Q1 attrition rate hit a two-year high to 13.8% and the total headcount also rose to 6,13,069 employees during the April-June quarter of FY26.
Tata Consultancy Services (TCS) announced its first quarter results for current fiscal (Q1FY26) and reported that its attrition rate neared a two-year high to 13.8% compared to 13.3% in the preceding fourth quarter of FY25. India's largest information technology (IT) services giant also reported that its total headcount in the June quarter rose to 6,13,069.
TCS said in a regulatory filing to the stock exchanges on July 10, "TCS’ workforce stood at 613,069 as on June 30, 2025. Our associates invested 15 million hours and acquired 1.3 million competencies in emerging technologies, enabling them to lead the transformation journey for our customers. IT services’ attrition was at 13.8% for the last twelve months."
Commenting on the latest headcount and attrition rates, Milind Lakkad, Chief HR Officer, TCS said, “In this quarter, our associates invested 15 million hours in building expertise in emerging technologies, enabling them to lead the transformation journey for our customers. It is gratifying to note that TCS now has 114,000 people with higher order AI skills”.
TCS Q1 Attrition Rate
TCS added net 6,071 employees which took its total headcount to 6,13,069, up from 607,979 in Q4 FY25. On a sequential basis, the workforce grew by 5,090 from the preceding March quarter's count of 607,979. As on June 30, 2025, TCS applied for 8,987 patents, including 171 applied during the quarter, and has been granted 4,939 patents including 119 granted during the June quarter.
TCS Q1 Results
TCS reported a 4% rise in net profit for the first quarter, in line with estimates, while revenue declined sequentially. Consolidated net profit for the quarter ended June rose to Rs 12,760 crore from Rs 12,224 crore in the previous quarter. Bloomberg had estimated profit at Rs 12,253 crore. Revenue fell 1.6% sequentially to Rs 63,437 crore from Rs 64,479 crore. The Total Contract Value stood at $9.4 billion in the three months ending June, down from $12.2 billion in the preceding quarter.
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TCS Dividend
TCS announced a dividend of Rs 11 per equity share for the first quarter. The company will distribute nearly Rs 4,000 crore to shareholders in the fourth quarter of this fiscal. The board has fixed July 16 as the record date for the purpose of dividend payment. Additionally, the company will pay the interim dividend on Aug. 4.
