In a recent update, Tata Consultancy Services (TCS) reported a 13.3% attrition rate for the year ending March FY25, showing a slight increase from the 13% reported in the previous quarter. Despite this rise in attrition, India’s leading IT services company has made significant strides in expanding its workforce, welcoming a net addition of 6,433 employees, bringing its total headcount to 607,979—up from 601,546 in Q4 FY24. This growth reflects a steady increase from the December 2024 workforce count of 607,354.

Commitment to Employee Development and Diversity

TCS continues to prioritize upskilling and diversity within its workforce. Currently, women represent 35.2% of TCS’s global team, which spans across 152 countries. In FY25 alone, employees collectively logged an impressive 56 million learning hours, acquiring 5.2 million new skills. This commitment to talent development underscores TCS’s dedication to nurturing an empowered workforce.

Focus on Work Culture and Trainee Onboarding

Milind Lakkad, the Chief Human Resources Officer at TCS, emphasized the company’s focus on fostering a holistic work environment. “We successfully onboarded 42,000 trainees in FY25 as anticipated. Our reputation as the employer of choice is reinforced by our exceptional retention rates, which stem from our commitment to professional growth, employee well-being, and purposeful engagement,” he stated in an official report.

Recovery from Previous Year’s Decline

The recent hiring surge comes in the wake of an unusual contraction in FY24, marking the first decline in TCS’s workforce since its public listing in 2004. This was a notable shift compared to previous years, where TCS added 22,600 employees in FY23 and more than 103,000 in FY22. The latest hiring trend signals a rebound in workforce strategies, even amidst ongoing global economic uncertainties.

Financial Performance Amid Sector Challenges

While TCS has expanded its workforce, the company’s financial results for Q4 FY25 reveal challenges faced by the broader IT sector. The consolidated net profit experienced a slight decline of nearly 2% year-on-year, totaling ₹12,224 crore, down from ₹12,434 crore during the same period the previous year. However, revenue from operations witnessed a 5.3% increase year-on-year, reaching ₹64,479 crore, compared to ₹61,237 crore in Q4 FY24.

Announcement of Final Dividend

In addition to these updates, TCS declared a final dividend of ₹30 per equity share for the fiscal year, pending shareholder approval. The company noted, “The Directors have proposed a Final Dividend of INR 30 per Equity Share of INR 1 each, which will be distributed within five days following the conclusion of the 30th Annual General Meeting,” as per their exchange notification.

This comprehensive approach to workforce growth, employee engagement, and financial management positions TCS as a resilient player in the competitive IT landscape.