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Bloomberg Quint

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TCS Salary Hike 2025: ‘We Have Not Made A Decision’, Says Chief HR After Q1 Results

  • Tata Consultancy Services (TCS) has not finalized plans for a salary hike for employees in 2025, as stated by its Chief HR Officer following the Q1 financial results.
  • TCS reported a 4% rise in net profit for the quarter ending June 30, with net profit reaching Rs 12,760 crore.
  • Despite revenue decline and slight dip in operating income, TCS added over 6,000 employees in the quarter, leading to concerns over a high attrition rate of 13.8%.
  • The company remains cautious on compensation decisions, linking future wage increases to improved macroeconomic conditions and business performance.

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