TCS puts April salary hikes on hold, cites economic uncertainty, tariff concerns

TATA Consulting Services (TCS) postponed its annual salary campaigns, which was planned to start in April, citing continuous macroeconomic uncertainty and concerns about the US tariff landscape.

The company’s heads said at a news conference on Thursday, said that the park will be used later in the financial year, when the environment stabilizes, and the company gains simpler visibility.

“We will decide during the year, when he will make a salary increase,” said Millin Lakkad, the main main responsible for human resources.

This step perpetsy is such a step of TCS, which took place five years ago, at the beginning of 19 Sovim epidemic, when global business was severely disrupted. It also emphasizes the current warning in the field of information technology, where firms are closely managed by the cost of customer’s uncertainties.

Kipitiva, Chief Executive Officer noted that the company has already started to see the signs of voltage in customer’s customs habitats.

“They will have eternal expenses in discretionary expenditures, if it continues,” he said, emphasizing the delays and slow ramps, as customers re-evaluate their budgets.

So far, the salary increases annually, TCs will continue quarterly variable payments. During the fourth quarter, 70% of employees will receive 100% of their competent variable payment, while the rest will receive variable compensation based on business activities.

Despite the postponement of salary increases, TCS plans to maintain its campground hire. This year, the company will hire about 42,000 engineers from engineering colleges, in line with its last year’s obligation. In the fourth quarter of March 31, the company added 625 employees to 607,979. For a complete fiscal year, it saw 6433 employees’ net supplement, decline in 13,249 last year.

Processing by 13.3% in the fourth quarter is compared to 13% compared to the previous quarter. Lakkad confirmed that TCS has successfully traveled 42,000 refreshing remedies during FY25 course, as provided.

Q4 and the results of the whole year

TCS reported a net profit of Rs 12,224 for the fourth quarter of FY25, a 1.7% decline in the same quarter of FY24. In the quarter, revenues increased by 5.3% and 64,479 Rs per year and increased by 0.79%.

For full fiscal year, the company announced a net profit of 48,553 CRER, increased by 5.8%, and annual revenues reached 255,342 crores. By doing so, TCS has gone by $ 30 billion.

The value of the total book of the order (TCV) in Q4FY25 amounted to $ 12.2 billion compared to $ 10.2 billion in the previous quarter. The TCVs of the first two quarters of the year accounted for $ 8.3 billion and $ 8.6 billion.