TCS salary increments: When will the IT giant announce pay hikes? Chief Human Resources officer Milind Lakkad shares update

TCS employees face further delays regarding salary hike decisions, as the company cites ongoing business uncertainties. The IT giant’s attrition rate edged up to 13.8% in the June quarter, while workforce size increased. Despite a modest 6% rise in net profit, sales dipped by 3% in constant currency, impacting deal momentum due to US tariffs.