Friday, October 24, 2025
spot_img

TCS hired 19,388 employees in Q4 ending on March 31

spot_img
- Advertisement -

TCS hired 19,388 employees during the quarter and over 40,100 employees during the full year

India’s largest IT services firm, Tata Consultancy Services (TCS) has announced the results of Q4, (quarter ending on March 31).

The company said its revenue rose for the third straight quarter as clients continued to spend on digital services amid the pandemic and on deal wins. That helped it to maintain double-digit growth revenue guidance for the fiscal ending March 2022.

Revenue of India’s largest software services exporter rose 4% over the preceding quarter to Rs 43,705 crore in the quarter ended March, according to its exchange filing report.

The company said that it has added 19,388 employees during the quarter and over 40,100 employees during the full year.

Attrition in the last three months stood at 7.2%, mainly due to Covid-19 effect. Expect this to inch up with growth coming back to the industry,” Ramakrishnan V, the company’s chief financial officer, said.

As a new development, the company has appointed Samir Seksaria as its chief financial officer, who will take charge from May 1. He succeeds the incumbent, Ramakrishnan V, who will retire on April 30.

For the fiscal FY21, the total headcount stood at 488,649. The workforce continues to be young and very diverse, comprising 154 nationalities and with women making up 36.5% of the workforce.

Milind Lakkad, Chief HR Officer at TCS said, “With the second wave of the pandemic upon us, our top priority is once again to secure the health and personal wellbeing of our workforce across the world. We are looking at ways to expedite vaccinations for eligible TCSers wherever local regulations allow it, and in the meantime, urge everyone to stay safe, step out only if necessary, wear masks and practice physical distancing.”

Lakkad added, “On the business side, our investments in organic talent development have been core to our ability to increasingly participate in our customers’ growth and transformation initiatives. Our organic talent development program anticipates the technology and business needs of our customers, and designs career paths that help our employees meet their aspirations while building leaders and a future-ready workforce for TCS.”

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

Runwal Group appoints Sangeeta Prasad as Group CEO

Runwal Group, a real-estate group has announced the appointment...

Shell in India is hiring for Internship Programme; Apply

A global group of energy and petrochemical companies, Shell in...

Apple Chief People Officer Carol Surface Leaves Company

Carol Surface, Apple Chief People Officer, has decided to...

Dixon Technologies plans to hire 2,500 in 9 months

Dixon Technologies plans to invest Rs 250 crore and...

Govt of India launches DigiSaksham to enhance employability of youth

Minister for Labour and Employment, Shri Bhupender Yadav has...

Ford suspends operations in Chennai plant after workers protest

According to media reports, Ford India has announced to...

Hinduja Group Chairman Srichand Parmanand Hinduja dies at 87

Srichand Parmanand Hinduja chairman of the Hinduja Group passed...

Employee Experience Proposition: what matters most in 2021 & beyond

The conversation about employee experience, or EX, started about...

Related Articles

SightsIn Plus
SightsIn Plushttps://sightsinplus.com/
SightsIn Plus is an India’s leading high-quality people-focused monthly HR Magazine and provides up-to-date HR News, Leadership Announcements, Best HR Practices and Insights by Global CHROs, CEOs, HR Advisors, Business Managers and HR Heads on topics of interest to HR professionals. To subscribe SightsIn Plus, HR Magazine please visit- https://sightsinplus.com/subscribe/