IT giant Infosys announced its financial results for the third quarter of the 2026 fiscal year on Wednesday, 14 January. Along with earnings, the company also shared updates on attrition, total employee count, and potential wage hikes.
Attrition rate
The IT giant's voluntary attrition rate decreased to 12.3% in the December quarter of 2025-26, compared to the same quarter of the previous financial year, when it stood at 13.7%. On a quarter-on-quarter (QoQ) basis, Infosys' attrition rate dropped 2% in Q3 compared to Q2 in the current fiscal.
Headcount
Infosys had a total of 3,37,034 employees as of 31 December 2025, compared to 3,31,991 employees at the end of September 2025, highlighting a net addition of 5,043 employees in the quarter under review. The company added 13,655 employees during the quarter under review, up from 3,23,379 in December 2024.
Speaking on the numbers, Infosys CEO Salil Parekh said, “I think it demonstrates that we have confidence in where the market is, what we are seeing in terms of the demand.”
Will Infosys continue to hire next year?
On hiring, Parekh said, “We are going to hire on campus. And this year, we have done 18,000-20,000. We will continue in that sort of range for next year, because of the new areas of demand."
Update on wage hike
No decision has been made regarding the company's wage hike. The recent wage cycle, which concluded in January, consisted of two segments. Decisions regarding the next five years will be made over time.
“So we just finished one cycle of our wage, which was in two parts in January. We haven't yet decided. on the next five years, we will decide as we progress,” CFO Jayesh Sanghrajka said.
Infosys Q3 results
In Q3FY26, the company posted a 2.2% drop in consolidated profit to ₹6,654 crore on a year-on-year (YoY) basis. The IT giant's net profit was ₹6,806 crore in the same quarter previous year.
Infosys' revenue rose 8.9% YoY to ₹45,479 crore in the quarter ended 31 December 2025 from ₹41,764 crore in the same quarter last year.
The company emphasised the effect of ₹1,289 crore on its earnings resulting from the new labour codes.
"The adjustments for Labour Codes, notified by the Government of India on November 21, 2025, caused an increase in gratuity liability arising out of past service cost and an increase in leave liability, together by $143 million ( ₹1,289 crore), which is recognised in the consolidated statement of comprehensive income," said Infosys.
