TCS Reverses Workforce Decline with Addition of 625 Employees in Q4

Synopsis

On April 10, TCS announced the addition of 625 employees in Q4 FY25, reversing a decline from the previous quarter. This brings their total workforce to 607,979, following a strategic onboarding of 42,000 freshers. Despite a slight rise in attrition to 13.3%, TCS remains a leader in employee retention and growth.

Key Takeaways

Added 625 employees in Q4 FY25.
Total employee count now at 607,979.
Onboarded 42,000 freshers as planned.
Retention rate remains industry best.
Q4 net profit decreased by 2% YoY.

Mumbai, April 10 (NationPress) IT services giant Tata Consultancy Services (TCS) revealed on Thursday that it has welcomed 625 employees on a net basis in the fourth quarter (Q4) of FY25, marking a turnaround from the workforce reduction seen in the previous quarter.

In the December quarter (Q3 FY25), TCS had reported a decrease of 5,370 employees in its workforce.

Following the Q4 addition, the company's total employee figure now reaches 607,979, as stated in its regulatory filing.

TCS confirmed it had successfully onboarded 42,000 freshers during FY25 in line with its original strategy.

Milind Lakkad, Chief Human Resources Officer, expressed that the company remains the “employer of choice” while maintaining the industry's top retention rate.

He emphasized that TCS is dedicated to fostering a culture that encourages professional and personal development, well-being, and meaningful engagement.

“Our trainee onboarding in FY25 was 42,000 as planned. We continue to hold the esteemed title of employer of choice, with the industry's best retention rate by focusing on a culture of professional and personal growth, well-being, and purpose-driven engagement for our associates,” Lakkad conveyed.

However, attrition during the quarter edged up slightly to 13.3 percent, compared to 13 percent in the preceding quarter.

The company's total headcount had decreased in FY24 -- the first such drop since its IPO in 2004. In contrast, TCS had increased its workforce by 22,600 employees in FY23 and over 1.03 lakh in FY22.

The IT giant's consolidated net profit for Q4 slipped nearly 2 percent year-on-year (YoY) to Rs 12,293 crore. In the same quarter of the previous year, the company had reported a net profit of Rs 12,502 crore.

Nevertheless, revenue from operations saw a growth of 5.3 percent YoY, reaching Rs 64,479 crore for the quarter ending March 2025, a rise from Rs 61,237 crore a year prior.

As the Indian equity market was closed on Thursday due to Mahavir Jayanti, TCS shares ended 1.41 percent lower at Rs 3,239 each on April 9 on the National Stock Exchange (NSE).