TCS employee attrition: Attrition rate rises to 13% in Q3FY25
In the December quarter of FY25, TCS recorded a rise in attrition rate to 13 per cent with the headcount declining by 5,370.
For the December quarter of the fiscal year 2025, the country's leading IT services firm, Tata Consultancy Services (TCS) recorded the attrition rate at 13 per cent, while the same in the preceding September quarter was recorded at 12.3 per cent, implying a worsening in attrition by 70 bps sequentially.
Further, as per the company's Q3 earnings statement, the employee count at TCS declined by 5,370 in the October to December quarter. Consequently, following the sequential decline, the total headcount at the IT major stood at 607,354 in Q3 as against 612,724 at the end of the second quarter of the fiscal year 2025.
The employee base is very diverse, with 35.3 per cent women and with 152 nationalities.
TCSers have clocked 40.1 million learning hours and acquired 3.8 million competencies YTD. IT services’ attrition was at 13% for the last twelve months, noted the company's press release.
Milind Lakkad, Chief HR Officer, said: “We promoted over 25,000 associates this quarter which brought the total promotions this financial year to more than 110,000."
We continue to invest in employee upskilling and overall well-being. Our campus hiring for the year is going according to plan and preparations are afoot to onboard a higher number of campus hires next year, he added.
For the October- December quarter, the IT bellwether reported a net profit of Rs 12,380 crore, marking an increase of 4.0 per cent on a sequential basis. The' revenue came in at Rs 63,973 crore for the third quarter of the current financial year, as against Rs 64,259 crore for the previous three months.
Also read: Tata group IT giant kicks off earnings season with 4% sequential rise in PAT
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