{"url":"https://newsforagent.com/news/2026-10-18/tech-mahindra-net-hiring-tcs-september-quarter","markdown_url":"https://newsforagent.com/news/2026-10-18/tech-mahindra-net-hiring-tcs-september-quarter.md","title":"Tech Mahindra Adds 5,446 Staff as HCL Overtakes TCS","headline":"Tech Mahindra Adds 5,446 Net Employees as HCL Technologies and It Overtake TCS in September Quarter Hiring","description":"Tech Mahindra added 5,446 net employees in the September quarter, ahead of TCS's 4,258, as IT firms shift to demand-triggered hiring and campus intakes.","section":"Earnings & Results","published_at":"2026-10-18T15:39:21+00:00","modified_at":"2026-10-18T15:39:21+00:00","author":"News Desk","key_takeaways":["Tech Mahindra reported 5,446 net headcount additions in the September-ending quarter, behind HCL Technologies at 6,440 and ahead of TCS at 4,258.","Wipro Chief Human Resources Officer Saurabh Govil said the company will go to campuses to hire given volume growth in the second half of the financial year.","Tech Mahindra's Q2 2026 net profit rose 32% year-on-year to Rs 1,586 crore, according to Moneycontrol.com."],"companies":[{"name":"Tech Mahindra","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0000oqm/tech-mahindra","website":"https://www.techmahindra.com"},{"name":"Wipro","is_primary":false,"profile_url":"https://akta.pro/company-profiles/00007v6/wipro","website":"https://www.wipro.com"},{"name":"HCLTech","is_primary":false,"profile_url":"https://akta.pro/company-profiles/0000wyi/hcltech","website":"https://www.hcltech.com"}],"source":{"publisher":"BusinessLine","title":"HCL Technologies, Tech Mahindra overtake TCS in net hiring adds","url":"https://www.thehindubusinessline.com/info-tech/hcl-technologies-tech-mahindra-overtake-tcs-in-net-hiring-adds/article71600310.ece"},"other_sources":[],"tags":["Earnings & Results","Tech Mahindra","Wipro","HCLTech"],"body_markdown":"HCL Technologies and [Tech Mahindra](https://akta.pro/company-profiles/0000oqm/tech-mahindra) added more net employees than Tata Consultancy Services in the September-ending quarter, with HCL Technologies at 6,440, Tech Mahindra at 5,446 and TCS at 4,258, BusinessLine [reported](https://www.thehindubusinessline.com/info-tech/hcl-technologies-tech-mahindra-overtake-tcs-in-net-hiring-adds/article71600310.ece). Tech Mahindra is a publicly listed Indian IT services and consulting company that delivers AI-driven digital transformation, cloud infrastructure and agentic AI platforms to more than 1,100 enterprise clients across 90 or more countries.\n\n## Tech Mahindra's Campus Hiring Push\n\nMuch of the September-quarter growth was fresher-led, and Tech Mahindra has reiterated interest in campus hiring for the second consecutive quarter. TCS, once the country's mass-hirer, is now taking a constrained demand-focused approach to headcount as per management comments. [Wipro](https://akta.pro/company-profiles/00007v6/wipro), which reported a reduced total headcount, said it will ramp up hiring in coming quarters considering the heavier second half of the financial year.\n\n\"In this year, this quarter, if you look at it, first half, we didn't go on campus. So, that's the thing. We will be going to campuses to hire given the volume growth in the second half. So I think it'll even out as we move forward. We're also driving productivity from AI projects,\" said Saurabh Govil, Chief Human Resources Officer at Wipro.\n\nYugal Joshi, Partner at Everest Group, said the workforce pyramid is changing with large firms' impact coming in late, and that project profitability matters more now. Sarbojit Mallick, co-founder of Instahyre, said campus hiring may recover without returning to its earlier scale, and that actual joining numbers are a more meaningful indicator than recruitment announcements. Ganesh S Padmanabhan, VP of Recruitment Business at CIEL HR, said hiring may remain uneven, with larger intakes around project starts and campus onboarding schedules followed by periods of consolidation.\n\n## Tech Mahindra's Partnership Record\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Tech Mahindra expanded a multi-year partnership with Telefónica Germany in June 2026 to build a next-generation private cloud platform and Platform-as-a-Service offering supporting telecom and enterprise workloads in Germany. The same records show a June 2026 partnership with Viam to give enterprise clients access to its platform for managing robotic fleets at scale, with plans to train cohorts of engineers. Tech Mahindra's global workforce stands at more than 149,000 professionals.\n\n## Earlier Tech Mahindra Developments\n\nTech Mahindra's CEO Mohit Joshi said the company has not received a PERM suspension notification and about 70% of its US workforce are permanent residents, with less than 1% on H-1B visas, Moneycontrol.com reported in October 2026. The company reported a 32% year-on-year net profit rise to Rs 1,586 crore in Q2 2026. NDTV Profit reported in October 2026 that HDFC Securities raised Tech Mahindra's target to Rs 1,800, citing Q2 revenue growth of 7.2% year-on-year and operating margin expansion to 14.8%.\n\n## What Comes Next for Tech Mahindra\n\nTech Mahindra has said it will continue campus hiring, with Wipro stating it will go to campuses to hire given volume growth in the second half of the financial year.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}