- Indian Hotels Company Limited (IHCL) posts a 26.56% rise in Q1 net profit.
- TCS faces complaints over its new bench policy for unallocated employees.
- Tata Group witnesses a contrasting quarter across hospitality and IT sectors.
The Tata Group‘s hospitality arm, Indian Hotels Company Limited (IHCL), has reported a significant leap in its financial performance for Q1 FY26. With a net profit of ₹329.32 crore, the company marked a 26.56% year-on-year growth.
Meanwhile, Tata Consultancy Services (TCS) has found itself in a turbulent situation following the implementation of a controversial new bench policy.
IHCL Thrives as TCS Faces Heat: Tata Group’s Contrasting Quarter
IHCL’s success stems not only from a post-pandemic tourism boost but also from its strategic emphasis on premium experiences. The company’s upscale Taj properties and focus on domestic leisure travel have paid off significantly. Puneet Chhatwal noted that this marks over three years of consistent growth, reflecting robust demand in both business and leisure hospitality sectors.
On the other hand, TCS’s new policy—meant to optimize workforce utilization—has left many employees scrambling to stay project-ready. The move has especially impacted those in between assignments, who now face potential hits to their compensation and advancement. The internal grievance has escalated to external scrutiny, with a formal complaint lodged with the Ministry.
TCS’s bench policy appears to be a response to global economic uncertainties and a tightening IT services market. However, critics argue that instead of boosting productivity, the policy may demoralize staff and create an unhealthy workplace culture. Freshers, who often take longer to find suitable projects, are likely to bear the brunt of this stringent rule.
Despite the challenges at TCS, the Tata Group as a whole continues to diversify and invest across industries. While IT faces headwinds, sectors like hospitality, aviation, and retail are gaining momentum. This diversification may help cushion the group from isolated downturns and ensure long-term resilience.
Tata Group’s latest quarter reflects both triumph and tension, highlighting the need for balance between financial goals and employee well-being.
“It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.” — Charles Darwin
