Tata Consultancy Services declared the decision to implement salary increments to all the grades of employees from April 1, 2026. This statement was released in the company’s post-earnings conference call, following the release of their 4th quarter results.
Provide annual increments to all grades and also underlined that having an AI-first culture and providing its employees with AI-ready skills are the focus for the future and into FY27, following customer expectations. The company also continued its investment in talent acquisition, hiring lateral hires and campus hires.
TCS ended FY26 with 5,84,519 employees, up from 5,82,163 in the December quarter, with the addition of over 2000 employees in the March quarter. Of the total employees, 35.2% are women, whereas attrition climbed from 13.5% in the prior quarter to 13.7%.
It is to be noted here that in July 2025, TCS stated its plan to reduce employees by 2% in FY26 in middle and senior management and added 30,000+ employees fewer from the 1st quarter of FY26.From a financial point of view, TCS have had a solid quarter. The revenue went up by 5.4% to Rs 70,698 crore, and net profit increased by 29% to Rs 13,718 crore. The EBIT margins stood at 25.3%, unchanged, whereas the company proposed a final dividend of 31 per equity share, totalling Rs 39,571 crore.
TCS shares closed up 1.18% at Rs 2,589.5 per share on the NSE before the results announcement. The stock is down about 19% year to date.