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Home » News » India News » TCS Reports 13% Attrition in Q3 FY25, Workforce Shrinks by 5,370
India News

TCS Reports 13% Attrition in Q3 FY25, Workforce Shrinks by 5,370

TCS recorded 13% attrition in Q3 FY25, with headcount dropping to 607,354, reflecting industry stabilization and strategic hiring plans.
Mr. YashBy Mr. YashJanuary 9, 2025 5:31 PM ISTNo Comments2 Mins Read
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The latest TCS Delhi attrition rate stands at 13%, for the trailing twelve months through to Q3 FY25 and higher than the 12.3% number in the prior quarter. The Human Resources Operating segment count reduced globally by 5,370 and the company total AMTC of 607,354 the current year down from 612,724 reported in the prior year quarter.

CEO Milind Lakkad underlined the Darwinian message of TCS in which HR is the biggest cost, but the firm focuses on employee development with the investment in upskilling and wellness programs. “Our recruitment exercise for campuses is holding, and we are planning to employ more people next year,” he said. TCS workforce diversity includes 35.3% women and 152 different nationalities where workforce learned 40.1 million hours this year and gathered 3.8 million competencies.

It also posted strong numbers for Q3 FY25 when it came to earnings and was in fact the first company to declare its results for the financial year. TCS reported a net profit of ₹12,380 crore up by 5.5% against ₹11,735 crore of the same period of FY24. Total operating income was up 5.6% to ₹63,973 crore for the period ending 31 December 2024.

The IT major described its reasonable performance to good client relations and effective business operation. The global IT service market leader TCS also remains locked-in the path of sustainable growth.

The reported attrition rate also seems to fit in industry trends signifying that the IT job market has stabilized post COVID- pandemic. Through predictions made on fixed campus hirings and continuing efforts made to build up the competency of the employees in the company, TCS intends to develop its workforce capacities to be able to address the new needs of its clients.

It can be seen from the above results that the constant investment made by TCS towards employee training & business expansion makes it one of the unique contenders of the IT sector despite facing certain issues related to its headcount & market condition.

Disclaimer:
This article is for informational purposes only. Please verify details independently and consult official sources for accuracy. No investment advice is intended.

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