TCS recorded a one-time hit of ₹1,135 crore in July-September quarter as it executed its plan to fire 2% of its workforce, equating to about 12,000 employees. The hit, classified under restructuring expenses, dipped the TCS' consolidated net profit to ₹12,075 crore. This likely means that the hit was incurred as TCS paid final settlements and severance to departing employees.