TCS wage hikes coming soon? Top management gives important update

Tata Consultancy Services (TCS), India’s largest IT services company, will decide when to give wage hikes during the year, as per its senior management.

TCS reported a 1.7% year-on-year decline in consolidated net profit to Rs 12,224 crore for the quarter ended March 2025, compared to Rs 12,434 crore in the same period last year. This is below Street estimates of Rs 12,650 crore.

Revenue from operations, meanwhile, rose 5.3% year-on-year to Rs 64,479 crore, up from Rs 61,237 crore in the same period last year. However, it came in below the ET NOW poll estimate of Rs 64,856 crore.

ALSO READ: TCS Q4 Results: Profit falls 2% YoY to Rs 12,224 crore, misses estimates

The company has proposed a final dividend of Rs 30 per share, subject to approval at the annual general meeting.

For FY25, TCS reported revenue of Rs 2,55,324 crore, marking a 6% YoY growth. In constant currency terms, revenue grew by 4.2%. The growth was primarily driven by strong performance in regional markets, which saw a robust 37.2% year-on-year increase.

In Q4, the company reported an operating margin of 24.2% and a net margin of 19.0%. Its delivered strong cash conversion, with operating cash flow at 125.1% of net income.

TCS also posted a record total contract value (TCV) of $12.2 billion for the quarter, with a healthy book-to-bill ratio of 1.6. For the full year, TCV stood at $39.4 billion.