Infosys CFO Jayesh Sanghrajka said that the company has joined 18,000 new employees (freshers) in this quarter and work is underway on the target of 20,000 recruitments in the entire financial year. CEO Salil Parekh said, increasing headcount shows that we have confidence in both the market and demand. We have also approved better variable pay this time compared to the last quarter.
Increase in number of employees by 5,043
The total value (TCV) of the company’s big deals was $4.8 billion, of which 57% is new business. During this period, the total number of employees increased by 5,043.
What did the CEO say
Salil Parekh said that Infosys’ Q3 performance has been strong. Especially through the enterprise AI platform Infosys Topaz, the company is getting better market share. Clients are now looking to Infosys as their AI partner, increasing business value. One-time expense of Rs 1,289 crore due to new labor code Infosys said that due to the new labor codes implemented in India, the company has incurred an additional one-time expense of Rs 1,289 crore, which affected the profit of Q3. This includes increase in liabilities related to gratuity and leave.
Profit decreased by 2.2%, but revenue increased
Infosys’ consolidated net profit declined to Rs 6,654 crore in Q3 FY26, from Rs 6,806 crore in the same quarter last year. However, the company’s revenue increased by 9% to Rs 45,479 crore.
growth outlook better
Infosys has increased its revenue growth forecast for the entire financial year 2026 to 3%-3.5%, which was earlier 2%-3%.
stock market boom
Infosys shares closed at ₹1,608.90 today with a gain of 0.62%. Infosys Limited’s American Depository Receipts (ADR) saw a rise of 1.6% during pre-market trading on January 14. The reason for this is that the company has increased its revenue growth estimate for FY 2026 to 3%-3.5%, which was earlier 2%-3%. The company’s financial services segment, which accounts for about one-third of the total revenue, recorded a growth of 3.9%. At the same time, the highest growth of 9.9% was seen in the communications segment.