**Infosys Reports Q3 FY26 Financial Results: Key Highlights and Insights**
Infosys, the prominent IT services company, released its financial results for the third quarter of the 2026 fiscal year on January 14. The report included significant updates on employee attrition, total workforce numbers, and potential salary adjustments.
**Attrition Rate Decline**
In the December quarter of 2025-26, Infosys reported a voluntary attrition rate of 12.3%, a decrease from 13.7% in the same quarter of the previous fiscal year. This marks a 2% reduction in attrition on a quarter-on-quarter basis compared to Q2 of the current fiscal year.
**Employee Headcount Growth**
As of December 31, 2025, Infosys employed 337,034 individuals, up from 331,991 at the end of September 2025, reflecting a net addition of 5,043 employees during the quarter. The company welcomed 13,655 new hires in this period, a notable increase from 323,379 employees in December 2024. CEO Salil Parekh commented on these figures, stating, “I think it demonstrates that we have confidence in where the market is, what we are seeing in terms of the demand.”
**Future Hiring Plans**
Regarding future hiring, Parekh indicated that the company plans to continue campus recruitment, aiming to hire between 18,000 and 20,000 new employees next year to meet emerging demand.
**Wage Hike Update**
No decisions have been made yet regarding wage increases. The recent wage cycle, which concluded in January, was divided into two segments. CFO Jayesh Sanghrajka noted, “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.”
**Q3 FY26 Financial Performance**
In the third quarter of FY26, Infosys reported a consolidated profit of ₹6,654 crore, reflecting a 2.2% decline year-on-year from ₹6,806 crore in the same quarter last year. However, the company’s revenue increased by 8.9% year-on-year, reaching ₹45,479 crore, up from ₹41,764 crore in the previous year. Infosys highlighted that the new labor codes, effective from November 21, 2025, impacted earnings by ₹1,289 crore due to increased gratuity and leave liabilities.
**Conclusion**
Infosys’s latest financial results reveal a mixed performance, with a decline in profit but growth in revenue and employee count. The company’s strategic focus on hiring and adapting to market demands positions it well for future growth, despite uncertainties surrounding wage adjustments.
**FAQ**
**What is the current attrition rate at Infosys?**
Infosys’s voluntary attrition rate has decreased to 12.3% in the December quarter of 2025-26, down from 13.7% in the same quarter of the previous fiscal year.
