IT company Infosys released the results for the third quarter of the financial year 2025-26 on January 14. The company’s consolidated net profit declined 2.2% year-on-year to ₹6,654 crore. Last year, there was a profit of ₹6,806 crore in the same quarter. Revenue from operations increased by about 9%. It has reached ₹45,479 crore, which was ₹41,764 crore last year. In view of the good performance, Infosys has increased its revenue growth forecast for the full year from 2-3% to 3-3.5%. Infosys profits at ₹6,654 crore in Q3FY26 YoY on quarterly basis Note: Figures are in Rs crore. Decline in profits due to new labor code. The main reason for this decline in profits is the new labor code implemented in India. The company said that due to the implementation of the new rules, it has had to make a separate provision of ₹1,289 crore for gratuity liability and payment in lieu of holidays. This is a ‘one-time cost’. Under these new codes, which came into effect from November 21, companies have had to make changes in their salary structure, in which it is mandatory to keep the basic pay at least 50% of the CTC. The number of employees leaving the job has decreased. The biggest concern for the IT sector is the ‘attrition rate’. The company’s attrition rate has fallen from 13.7% last year to 12.3% now. If seen on quarter to quarter basis, it has decreased by 2%. This means that the company is now becoming more successful in retaining its employees. CEO said – The company has emerged as an AI partner. Talking about the results, Infosys CEO and MD Salil Parekh said, “The performance of the third quarter has been very strong. Our market share is increasing due to our enterprise AI platform ‘Infosys Topaz’. Now clients are looking at Infosys as a trusted AI partner. Our expertise in the field of AI and new innovations have helped us in increasing business value. Is it.” Infosys shares closed with gains. Before the results came, Infosys shares closed with a gain of 0.62% at ₹ 1,608.90. Investors were hopeful that the company’s revenue guidance would improve. What is revenue guidance? Every quarter, IT companies estimate how much their earnings can increase in the entire year. This is called ‘guidance’. Infosys has increased it to 3.5%, which means that the company is expected to get new orders in the coming months.
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Infosys profit down 2% in Q3: Rs 6,654 crore, revenue up 9%; The number of employees leaving their jobs decreased
