TCS makes 25,000 fresher offers in FY27, says more hiring hinges on demand: Report
Tata Consultancy Services, India’s largest information technology company, issued just 25,000 job offers to fresh graduates for the current financial year; While this represents a sharp pullback from the 44,000 graduates it hired in FY26, its CEO has signaled that any expansion in campus hiring will depend entirely on how demand conditions evolve in the coming months. PTI reported.
25,000 Offers Made But Doors Not Closed on TCS
K Krithivasan, Chief Executive Officer and Managing Director of TCS, said: PTI In an interview over the weekend, he confirmed the figures and suggested a conditional path to more. “We made 25,000 offers for startups in FY27. Clarity on demand will lead to more hiring,” he said.
Accordingly PTIthe company had hired 44,000 new people in FY26, even as the broader technology sector faced severe headwinds; this was one of the highest recruitments made by any private sector employer in India that year. For at least three consecutive fiscal years, TCS has consistently hired 40,000 or more new graduates annually; This suggests that the current year’s offer is a notable departure from this pattern.
Why Are Freshers Still More Important Than Laterals For TCS?
When asked whether TCS has shifted its hiring strategy towards laterals, who are experienced professionals who can be deployed immediately, Krithivasan gave a clear answer: PTI reported. He noted that the company’s basic distribution model has not changed.
He recognized the operational reality that startups need significant investment before contributing to live projects. He explained that it takes up to nine months of training for a new person to take over, while a minor can deliver immediately, but added that business needs will ultimately influence hiring decisions in both categories. He made clear that the emphasis on recent graduates remains a structural choice rather than an oversight.
About Restructuring at TCS: Performance is the Measure
The question of whether TCS will undertake a new round of workforce restructuring (following the layoffs of at least 12,000 employees, mainly senior staff, in FY26) received a carefully worded answer: PTI reported. Krithivasan did not rule this out, saying instead that people could have “evolving careers” at the company until they performed well.
He has been more outspoken about the reasons behind last year’s layoffs and challenged the narrative that artificial intelligence is displacing workers. He said the introduction of artificial intelligence technologies had nothing to do with the layoffs. The explanation he offered was structural: the way projects were run had changed, and the upper echelon was no longer needed as it once was.
Demand Line for TCS is “Stable”
In the broader business context, Krithivasan described the pipeline as “stable” and quickly added “stable is good”; PTIIt appeared to carry a tacit acknowledgment of the uncertain macroeconomic environment in which TCS operates.
But beyond stability, the TCS CEO noted encouraging signals on the discretionary spending front, an area that has been subdued in the technology services sector for several quarters. He said new demand is emerging across segments and geographies, spanning both cost optimization mandates and larger transformation deals.
The company has booked US$40 billion in total contract value for FY26. PTI Krithivasan stated that the conversion rate of new contracts into revenue has also improved, but he declined to share exact figures. He added that customers are allocating a higher percentage of business to TCS, leading to a shift towards higher income brackets.
TCS Investments: Acquisitions, Partnerships and People
Krithivasan outlined three broad investment priorities that guide the company’s forward strategy. PTI. The first is acquisitions, where TCS continues to screen for assets that will strengthen its capabilities. Second, partnerships, with the recently announced collaboration with semiconductor giant AMD exemplifying the direction the company is taking. The third is its own workforce.
On the financial side, Chief Financial Officer Samir Seksaria said the company will continue to expand profit margin through operational levers, with workforce utilization (a metric contributing significantly to margin performance in FY26) remaining a key tool in this effort.
TCS Q4 result shows Net Profit increased by 12% YoY
Tata Consultancy Services posted stronger-than-expected results in the fourth quarter of FY26, with revenue rising 9.6% year-on-year to FY20. ₹70,698 crore and net profit up 12% ₹13,718 crore for the quarter ending March 2026.
TCS board approves final dividend distribution ₹31 per share, to be paid three days after the conclusion of the company’s 31st Annual General Meeting, subject to shareholders’ approval.
According to CNBC-TV18, headcount at the end of FY26 increased marginally to 584,519 from 582,163 in the December quarter, while attrition increased from 13.5% to 13.7%, up 20 basis points from the previous quarter. The company confirmed that pay increases have been implemented at all levels from 1 April.
Investor Confidence and the Long Game
Addressing what PTI described as investors’ weariness with TCS shares driven by perceptions of the company’s recent performance trajectory, Krithivasan offered reassurance rooted in a longer time horizon. He said that the company is investing in the future and that these investments will ultimately translate into growth; This is a message to the market as well as to the workforce, which is moving through a period of deliberate, if cautious, recalibration.
