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TCS salary hike: In some bad news for employees of Tata Groups Tata Consultancy Services (TCS) who have been awaiting the announced the announcement of annual salary hike since April 1 the company has decided to postpone the process till second quarter of the current fiscal year. According to Milind Lakkad TCS Chief HR Officer the Indian IT giant has yet to take any decision on annual salary increase of its workers who will now have to wait another three months for their increment as the decision is likely to taken after the Q2 of FY26. Notably TCS usually begins the salary hike and appraisal process from April 1 of each fiscal year but the IT firm has postponed the process in the financial year due to reasons that have not been made public. TCS-- Indias largest IT services exporter registered a profit of Rs Rs 12760 crore in the first quarter of FY26 with a year-on-year (YoY) of six percent. Additionally the Tata Group firm hired a total of 5090 new workers in the first quarter raising the total number of employees to 613000 it revealed. However Lakkad asserted that new hirings should not be linked to the companys quarterly growth which is planned on an annual basis. TCS ranked among Indias 10-most valued domestic firms is the largest IT company in the country boasting a market cap of Rs 1181000 crore.