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- TCS Q1 2026 Results | Net Profit Rises, ₹12 Dividend, 9,200+ Employees Added
New Delhi7 minutes ago
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TCS, the country’s largest IT services company, has released the results for the first quarter of the current financial year 2026-27 on Thursday. In this quarter ending June, the number of employees of the company has increased by more than 9,200 to 5,93,798 as compared to the previous quarter. With this, the consolidated net profit of the company has increased by 5% on annual basis to Rs 13,349 crore.
Employees increased after three quarters of decline
In the fourth quarter of the financial year 2025-26, the total number of TCS employees was 5,84,519, which has now increased to 5,93,798. This increase marks a comeback for the company after it had previously seen a decline in headcount for three consecutive quarters.
The number of employees was at a peak of 6,13,069 in the first quarter of FY 2025-26, which fell to a low of 5,82,163 by the third quarter of FY 2025-26.
Attrition and workforce: 35% women employees, people from 148 countries working
According to TCS’s quarterly factsheet, the voluntary attrition rate in the IT services business stood at 13.6% over the last 12 months. The company has largely maintained this level in recent quarters. Along with this, the share of women employees in the total workforce is 35%. A total of people from 148 different countries work in the company.
Operations revenue increased by 14%, ₹12 interim dividend approved
The company’s net profit has increased by 5% to Rs 13,349 crore as compared to Rs 12,760 crore in the same quarter a year ago. Revenue from operations during this period has also increased by 14% year-on-year to Rs 72,275 crore.
The company’s board has approved an interim dividend of Rs 12 per share for the financial year 2026-27 and has fixed July 15 as the record date for it.
Big AI project with SKF included in $9.5 billion deals
The company’s total order book in this quarter stood at $9.5 billion. This includes an $800 million AI-based transformation deal with SKF.
Additionally, the company has signed a multi-million-dollar strategic partnership with ServiceNow and another multi-million-dollar deal with a Europe-based Fortune Global 50 company.
Focus on enhancing AI capabilities while maintaining profits
TCS Chief Financial Officer (CFO) Sameer Seksaria said, “The company has implemented annual salary increases for employees, strengthened its partner ecosystem and made targeted investments to improve long-term competitiveness.”
He further said that the company is focusing on building, acquiring or partnering with AI-based capabilities while maintaining profitability and return ratios.
Knowledge Part: What is ‘Attrition Rate’ and ‘Record Date’?
- Attrition Rate: In corporate language this means the attrition rate of employees. It is calculated in percentage. For example, if the attrition rate is 13.6%, it means that an average of 13 out of every 100 employees left the company over the period.
- Record date: When a listed company announces a dividend or bonus to its shareholders, it fixes a date. Only those investors who have shares of the company in their demat account till this date are entitled to receive the dividend.
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