TCS Q2 Results: IT Giant Reports ₹12,075-Crore Profit, Skips Attrition and Headcount Data for the First Time

Mumbai: In an unusual move, India’s largest IT services company, Tata Consultancy Services (TCS), skipped sharing its quarterly attrition rate and total headcount figures while announcing its Q2 FY26 results on Thursday, October 9.

The company reported a consolidated net profit of ₹12,075 crore, marking a 5.4% sequential decline from ₹12,760 crore in the previous quarter, though it showed a modest 1.4% year-on-year (YoY) increase. Revenue from operations for the quarter stood at ₹65,799 crore, up 3.7% QoQ and 2.4% YoY.

While TCS typically discloses its LTM (last twelve months) attrition rate and total employee count in its quarterly financial report, this time those details were absent from the company’s official press release — a first for the IT bellwether.

⚙️ TCS Omits Workforce Metrics

Traditionally, TCS accompanies its quarterly earnings with workforce statistics, including employee additions, attrition rates, and diversity ratios. The omission of these details in Q2 FY26 has sparked curiosity and speculation in the IT sector.

This comes at a time when the company is undergoing a major internal workforce restructuring, involving a 2% reduction in headcount — primarily across middle and senior management roles.

Earlier in July, TCS had stated that around 12,200 positions would be impacted as part of a “carefully managed workforce transition”, focusing on reskilling and redeployment for emerging technologies like artificial intelligence (AI) and automation.

“This transition is being planned with due care to ensure no impact on service delivery to clients,” TCS said in a previous statement, assuring that affected employees would receive counselling, benefits, and outplacement support.

🧑‍💻 Employee Concerns and Union Allegations

Despite TCS’s assurances, employee unions and IT forums have alleged that the actual number of job cuts could be significantly higher.
The Nascent Information Technology Employees Senate (NITES) accused the company of using “pressure tactics” to make employees resign voluntarily, thereby keeping official layoff numbers low.

Some reports claim that the real number of exits may range between 50,000 and 100,000, though TCS has not confirmed these figures.

📊 Previous Quarter Comparison

In the April–June quarter (Q1 FY26), TCS had reported an attrition rate of 13.8%, its highest in nearly two years, up from 13.3% in Q4 FY25.
The company’s total headcount at the time stood at 6,13,069 employees, marking a net addition of 6,071 employees over the previous quarter.

As of June 2025, TCS had also filed 8,987 patents, of which 4,939 were granted, reflecting its continued emphasis on innovation and intellectual property.