TCS has not yet decided on employee salary hikes for 2025.

By Aniket Chakraborty July 28, 2025 Arrow INDIA NEWS

CHRO Milind Lakkad confirmed the delay during a July 10 press conference.

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The IT major cites an “uncertain environment” as the key reason.

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TCS reported a 6% YoY rise in Q1 net profit to ₹12,760 crore.

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Consolidated revenue for Q1 rose 1.3% to ₹63,437 crore.

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Attrition hit 13.8%, its highest in two years, exceeding comfort levels.

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Lakkad said efforts are being made to bring attrition down.

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TCS hired over 5,000 employees in Q1 despite the challenges.

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Wage hikes may be announced anytime during the year, based on performance.

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India’s IT industry is projected to add 14 million jobs by 2026.

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