Tata Consultancy Services (TCS), India’s largest IT services company, published its July-September 2025 quarter results on Thursday, October 9, 2025. In a move that deviated from established reporting norms, TCS did not disclose the attrition rate or total headcount for the quarter. Company earnings releases usually include these numbers in addition to financial performance indicators. This change has sparked interest across the IT sector, as these workforce metrics are key to assessing the operational health and business outlook of IT companies. Analysts are closely examining the impact of this omission on market perceptions and stakeholder confidence.
In past quarters, TCS has consistently included details on its attrition rate over the last twelve months (LTM) and the total size of its workforce immediately after announcing its results.
In Q1 FY26, Tata Consultancy Services (TCS) reported consolidated revenue of Rs 63,437 crore, reflecting a 1.3% year-on-year increase in rupee terms. However, revenue fell 1.1% in US dollars to $7.42 billion. In constant currency terms, revenues were down 3.1% year-on-year. TCS ended the quarter with a workforce of 6.13 lakh employees, while attrition rate stood at 13.8%.
The omission of these metrics in the Q2 FY26 press release surprised industry observers, who consider this data essential to tracking employee stability and employment trends within the sector.
TCS typically shares a press release after announcing quarterly earnings detailing total headcount, previous year’s attrition rate, and other employee metrics. However, this quarter, the company only presented its core financial results — such as net profit, overall growth, and operational metrics — without providing details on its workforce.
This omission comes at a time when attrition rates and hiring trends are under intense scrutiny across India’s IT industry. Market participants and industry analysts have historically relied on this data from TCS, due to its position as a leader of broader sector trends. The lack of visibility into workforce changes in this quarter limits stakeholders’ ability to measure company performance against competitors.
TCS Q2 Results
Tata Consultancy Services (TCS) reported marginal net profit growth of 1.4% year-on-year, to Rs 12,121 crore for Q2FY26, compared to Rs 11,955 crore in the corresponding period last year. Sequentially, net profit fell by around 5% from Rs 12,760 crore reported in Q1FY26. Despite strong interest from investors and employees, the company did not disclose headcount and quarterly attrition numbers. Revenue rose 2.3% year-on-year to Rs 65,799 crore and grew 3.7% sequentially.
Speaking on the performance, K Krithivasan, CEO, TCS, said: “Our journey is underpinned by bold transformation across talent, infrastructure, ecosystem partnerships and customer value. Investments, including building a world-class AI infrastructure business, demonstrate our commitment to this transformation.”
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