In the December quarter of the financial year 2025, the country’s leading IT company, Tata Consultancy Services (TCS) recorded an attrition rate of 13 percent, while the same in the previous September quarter was recorded at 12.3 percent, which means the increase is very bad. on attrition by 70 bps respectively.
Furthermore, according to the company’s Q3 earnings statement, the number of employees at TCS fell by 5,370 in the October to December quarter. As a result, following a sequential decline, the total number of IT majors stood at 607,354 in Q3 compared to 612,724 at the end of the second quarter of fiscal year 2025.
The workforce is very diverse, with 35.3 percent women and 152 nationalities.
TCSs spent 40.1 million learning hours and acquired 3.8 million skills YTD. IT resource attrition was 13% over the past twelve months, noted the company’s press release.
Milind Lakkad, Chief HR Officer, said: “We promoted over 25,000 employees this quarter bringing the total number of promotions for this financial year to over 110,000.”
We continue to invest in employee skill development and overall well-being. The recruitment of our campus this year is going according to plan and preparations have already started for the maximum number of people to be recruited next year, he added.
In the October-December quarter, the IT bellwether reported a net profit of Rs 12,380 crore, marking an increase of 4.0 percent sequentially. Revenue came in at Rs 63,973 crore in the third quarter of the current financial year, compared to Rs 64,259 crore in the previous three months.
Also Read: IT giant Tata group kicks off earnings season with 4% sequential rise in PAT
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