Tata Consultancy Services (TCS) on Thursday reported that its headcount for the quarter ended June had risen to 593,798, or over 9,200 employees over the previous quarter.
In Q4 FY26, the headcount was 584,519.
This marks a turnaround after headcount had declined for three consecutive quarters, falling from a peak of 613,069 in Q1 FY26 to a low of 582,163 by Q3 FY26, before recovering over the past two quarters.
Voluntary attrition in the company's IT services business, measured on a last-twelve-months basis, stood at 13.6%, a level the company has broadly maintained in recent quarters, according to the quarterly factsheet by the company.
Alongside the headcount and attrition figures, TCS also disclosed that women employees made up 35% of the workforce, across 148 nationalities. On the skills front, the company logged 14.6 million learning hours and 1.3 million competencies acquired so far in FY27, while more than 3.12 lakh were reported to have gained higher proficiency in AI and machine learning.
CFO Samir Seksaria said TCS had rolled out annual wage hikes, strengthened its partnership ecosystem, and made targeted investments to improve long-term competitiveness. He said the company remains focussed on building, acquiring, or partnering for AI-led capabilities while maintaining profitability and return ratios.
Q1 performance
TCS, the country's largest IT services company, reported 5% on-year growth in its consolidated net profit, at Rs 13,349 crore for the first quarter. This was Rs 12,760 crore a year ago.
Revenue from operations in the period under review increased 14% YoY to Rs 72,275 crore.
The company's board has approved an interim dividend of Rs 12 per share for FY27 and fixed July 15 as the record date.
The company’s order book for the quarter stood at $9.5 billion. This included an $800 million AI-led transformation deal with SKF, a multi-million-dollar strategic partnership with ServiceNow, and another multi-million-dollar deal with a Europe-based Fortune Global 50 company.
