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TCS Q3 Results: Attrition Rises To 13%, Workforce Shrinks By Over 5,000


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TCS’ labor force stood at 607,354 as on December 31st.

TCS has actually proclaimed a reward of Rs 76 per share, consisting of an unique reward of Rs 66 per share.

TCS Q3 Results Today: Tata Consultancy Services (TCS), India’s biggest IT solutions company, introduced its combined monetary outcomes for the quarter finishing December 31, 2024, onThursday The attrition price climbed to 13% in Q3, up from 12.3% in the previous quarter.

As of December 31, TCS’ labor force stood at 607,354, showing a consecutive decrease from 612,724 in Q2 of the 2024-25 fiscal year. This notes an internet decrease in staff member matter after 2 successive quarters of enhancements.

TCS Q3 Results

The IT solutions merchant TCS reported an 11.95% enter internet earnings to Rs 12,380 crore in the December quarter. The Tata Group business had actually uploaded an internet earnings of Rs 11,058 crore in the year-ago duration and Rs 11,909 crore a quarter previously.

Its overall earnings boosted 6.13% to Rs 65,216 crore throughout the quarter under evaluation from Rs 61,445 crore in the year-ago duration and was greater than the coming before September quarter’s Rs 64,988 crore.

The general costs expanded 6.33% to Rs 48,550 crore from Rs 45,658 crore in the year-ago duration.

Additionally, the business proclaimed a reward of Rs 76 per share, that includes an unique reward of Rs 66 per share.

Milind Lakkad, Chief HUMAN RESOURCES Officer, stated, “We advertised over 25,000 partners this quarter which brought the overall promos this fiscal year to greater than 110,000. We remain to buy staff member upskilling and general wellness. Our school employing for the year is going according to strategy and prep work are afoot to onboard a greater variety of school employs following year”.

The TCS scrip closed 1.72% down at Rs 4,036.65 apiece on the BSE on Thursday, as against a 0.68% correction on the benchmark.

News business » markets TCS Q3 Results: Attrition Rises To 13%, Workforce Shrinks By Over 5,000



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