TCS Q2 FY26 results: Leading IT company says this regarding attrition rate and headcount numbers

Tata consulting services giant in the field of information technology (TCS) reported a significant decline in its workforce for the quarter ending September 30, 2025 (2QFY26). According to the company’s official filing, the closing headcount was 593,314 employees, down from 613,069 in Q1FY26 – a net decline of 19,755 employees in one quarter. The sharp quarterly decline reflects the company’s ongoing restructuring efforts, combined with natural attrition, as TCS continues to realign roles and optimize its workforce.

In July 2025, TCS CEO K. Keerthivasan announced a global restructuring initiative aimed at reducing the company’s workforce by approximately 2%, or about 12,000 employees, primarily impacting middle and senior management roles.

However, it skipped publishing the attrition rate for the July-September quarter on Thursday, October 9, 2025. Typically, company earnings releases include attrition numbers as well as indicators of financial performance.

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.

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.”