Even in Q1 FY24, TCS had paid out 100 per cent of the variable pay to a major part of its workforce. On the other hand, its peers Infosys and Wipro rolled out only 80 per cent variable pay for the quarter.
'We now have a 100,000-strong pool of Gen-AI Ready consultants and prompt-engineers who are engaged in hundreds of Gen-AI projects for our clients across segments,' says COO Ganapathy Subramaniam
TCS shares price fell nearly 2% to Rs 3,184 on Thursday after the IT giant’s net profit in the fourth quarter missed market estimates. The company s Q4FY23 net profit came in at Rs 11,392 crore, up 5% from the previous quarter. Watch this Business Today Visual Story to check brokerage calls on TCS shares and whether to buy, hold or sell TCS stock.