TCS again increased recruitment! More than 9,200 new employees got jobs, profit of Rs 13,349 crore in the first quarter
Business Desk – Tata Consultancy Services (TCS), the country’s largest IT services company, has released excellent results for the first quarter of the financial year 2026-27. The company has not only registered an increase in profits and income, but has also significantly increased the number of employees after three consecutive quarters of decline.
TCS added more than 9,200 new employees in the June quarter, taking the total workforce to 5 lakh 93 thousand 798. Along with this, the company has also announced an interim dividend of Rs 12 per share for the shareholders.
Number of employees increased again after three quarters
This quarter was important for TCS in terms of recruitment. Compared to the previous quarter, 9,279 new employees have been added to the company. In the fourth quarter of the financial year 2025-26, the number of employees of the company was 5 lakh 84 thousand 519, which has now increased to 5 lakh 93 thousand 798.
This increase is also considered important because before this the headcount of the company was decreasing for three consecutive quarters. At one time the number of employees in TCS had reached a record level of 6 lakh 13 thousand 69, but later it came down to 5 lakh 82 thousand 163. Now the company has again intensified the recruitment process.
Profit of Rs 13,349 crore, income also increased by 14%
TCS’s consolidated net profit in the June 2026 quarter increased by 5 percent on an annual basis to Rs 13 thousand 349 crore. Last year, in the same quarter, the company’s profit was Rs 12 thousand 760 crore. At the same time, the company’s income from operations also remained strong. Revenue increased by 14 percent to Rs 72 thousand 275 crore, which indicates continued strength in the company’s business.
Declaration of dividend of Rs 12 per share
With better quarterly results, the board of TCS has approved an interim dividend of Rs 12 per share for the financial year 2026-27. The company has fixed July 15 as the record date for this. Only those investors who have TCS shares in their demat account till this date will be eligible for this dividend.
New deals worth $9.5 billion, big bet on AI
The total order book of TCS in this quarter stood at $9.5 billion. This includes an $800 million Artificial Intelligence (AI) based transformation project with global industrial company SKF. Apart from this, the company has entered into a multi-million dollar strategic partnership with ServiceNow. Besides, a new deal has also been signed with a big company included in the Fortune Global 50 companies of Europe.
35% women employees, people from 148 countries are working
According to the quarterly report of TCS, 35 percent of the total employees of the company are women. Employees from 148 countries of the world are working in the company. At the same time, based on the last 12 months, the company’s voluntary attrition rate has been 13.6 percent, which has remained almost stable in the recent quarters.
Focus will be on AI and long term growth
TCS Chief Financial Officer (CFO) Sameer Seksaria said that the company has implemented annual salary increase for employees. Also, strategic investments are being made to strengthen the partner ecosystem and keeping in mind future competition. He said that the company’s focus will be on developing artificial intelligence based capabilities, acquiring new technology and increasing strategic partnerships while maintaining profits and returns.
Know what is attrition rate and record date
Attrition rate refers to the percentage of employees leaving the job in a given period. If a company’s attrition rate is 13.6 percent, it means that out of every 100 employees, an average of about 13 employees left the company during that period. The record date is the date by which the shares of the company should be in the demat account of an investor. Only investors who hold shares till the record date get the right to dividend or other corporate benefits declared by the company.
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