However, he refused to give a guidance on hiring in the U.S. or comment on the U.S. Immigration Bill, which proposes higher visa costs and increase in wages for H-1B visa holders and is likely to impact Indian software exporters.

In response to a question about a 0.40 percent increase in overall attrition, Mukherjee said it is a seasonal phenomenon as some employees leave for higher studies, while others exit after completion of appraisal and promotion process in July.

He said there is a scope to improve utilization levels further, which went up to 83.4 percent during the quarter.

"Our historic high is 83.8 percent, but we can go above that as well," he said, adding that trainee utilization has also gone up to 75 percent from the earlier 72.5 percent.

Among other initiatives, TCS plans to increase the number of employees hired from Jammu and Kashmir through its special programme with the National Skill Development Corporation to 300 by the end of the fiscal, Mukherjee said.

Of its total workforce of 2,85,250 employees, 32.5 percent are women, Mukherjee said, adding that women also occupy senior leadership positions, as business heads.

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