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Bloomberg Quint

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Image Credit: Bloomberg Quint

TCS CFO Claims Wage Hikes A 'Priority'; Focus To Be On Growth With Profitability

  • TCS CFO Samir Seksaria stated that providing wage hikes for TCS's 6 lakh employees is a top priority.
  • Annual wage hikes typically reduce the operating profit margin by over 1.50% at TCS.
  • TCS aims to focus on growth with profitability despite facing challenges such as demand impact and margin constraints.
  • The company plans to prioritize retaining top talent amidst concerns about attrition rates and may slow down on lateral hiring based on current demand.

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