Tcs Results

Lakkad said wage hikes could be rolled out anytime during the fiscal, depending on business environment.

TCS Q4 Results 2025 LIVE: Early signs of recovery haven't sustained due to tariffs, says CEO Krithivasan

TCS CEO K Krithivasan said the IT major expects calendar year 2025 to be better that CY2024. "FY26 will be better than FY25, though there will be some short term uncertainties," he said

TCS Q3 preview: BSNL deal completion timeline, client budgets among top 5 themes to watch for

The focus will remain on the management’s generative AI deals commentary, trajectory of the BSNL deal as it has run past its peak revenue contribution phase, margin impact from the rupee depreciation, client budgets and large deals outlook.

No mega deals for TCS in Q2FY25, but pipeline near all-time high

TCS CEO and MD K Krithivasan said that deal TCVs always have some “lumpiness” and deals which were expected to close last quarter sometimes gets pushed to the subsequent quarters.

TCS Q2 order book declines over 23% YoY to $8.6 billion

The company said that they have now over 600 AI/GenAI engagements deployed successfully in production or in various phases of development.

TCS sees headcount decline by 5,680 in Q3FY24

TCS said that it has commenced campus hiring process for next year to on board freshers.

TCS trains over 100,000 employees to build generative AI-ready workforce

TCS reported a net profit of Rs 11,342 crore for the September quarter, growing 8.7 percent YoY, driven by a strong order book, especially in the BFSI segment

Why TCS told employees to return to office 5 days a week

While the company previously announced a 25x25 model of working by 2025, it did not commit to anything and will assess future work models as they go forward.

TCS adds 523 employees in Q1FY24 on a net basis, attrition falls to 17.8%

The company also rolled out salary hikes to its employees during the quarter, with hikes of 12-15 percent for high performers.

TCS incoming CEO Krithivasan on reorg: No hurry to change, will make tweaks as required

"This structure was put in place after all the internal discussion so there is no rush to do anything,” CEO designate K Krithivasan told analysts.

'In my interactions with clients over last quarter, conversation starts and stops with ChatGPT’: TCS COO NG Subramaniam

Subramaniam said TCS will have a centre of excellence around generative AI

TCS rolls out 46,000 offers to freshers for FY24

Chief Human Resources Officer Milind Lakkad said that while there have been delays of 1-2 months in onboarding, the company has honoured all past offers.

Incoming TCS CEO K Krithivasan to take over on June 1, 2023

Outgoing CEO Rajesh Gopinathan will stay on till September 15 to help with the transition.

TCS slashes hiring to 22,600 in FY23 from 1.03 lakh a year back

The net headcount addition in FY23 has seen a steep decline of 78 percent from FY22. The company had previously also attributed the decreased hiring in FY23 to increased hiring in the preceding fiscal.

TCS to roll out 100% variable pay to junior employees for Q3FY23

For senior employees, the individual variable payout is based on business unit performance.

Why has TCS’ net headcount reduced in Q3FY23? CEO Rajesh Gopinathan explains

In an interview to Moneycontrol, Rajesh Gopinathan said the company doubled its typical trainee intake during the quarters of increased demand in the 2021 calendar year.

Absolutely not: TCS CEO Rajesh Gopinathan on whether single-digit growth will be the new normal

In terms of growth rate, while TCS is expected to end FY23 with a growth rate of over 13%, analysts at Kotak expect a moderation in growth in FY24 to 8.1% amid an increasingly slowing demand environment.

TCS has over 1.25 lakh mid, senior level employees serving it for over 10 years

More normal hiring trend on the cards with TCS planning to hire 1.25-1.5 lakhs this year. Along with an expected normalisation of attrition levels, the company hopes to have sufficient capacity to take care of growth

TCS CEO Rajesh Gopinathan remains upbeat amid challenging demand scenario

TCS Q3 Earnings: The company said that growth this quarter was driven by cloud services and market share gains through vendor consolidation.

TCS headcount reduces by 2,197 employees, declines for the first time in 10 quarters

A contraction in the net addition number of TCS was seen previously in the first quarter of FY21.

TCS to give 70% of employees full variable pay for Q2FY23

The variable payout for the remaining 30 percent of employees will be based on the business unit performance, TCS CHRO Milind Lakkad said.

TCS attrition rises to 19.7% in Q1FY23, 14,136 employees added during the quarter

The company’s headcount as of June 30 is 6,06,331, up from 5.92 lakh employees last quarter.

What drove TCS’ blockbuster Q3 performance?

TCS, which does not normally issue guidance on its likely performance in the quarters ahead, sees itself getting on to a double digit growth trajectory in FY22 as it anticipates a multi-year technology transformation cycle

TCS Q2 shows there's more than just hype to all the buzz around digital

The company’s over 20 quarter high growth of 4.8 percent QoQ comes at the back of what the IT major terms as multi-year tech transformation cycle, where clients are migrating to cloud, investing in digital collaboration tools and touchless technology.