Infosys, a giant in the Indian IT sector, has disclosed a set of third-quarter results for the financial year 2025-26 that are not unambiguously good or bad. The net profit attributable to the company as a whole for the quarter (Q3), comprising the months of October to December, got reduced as much as 2% in comparison to the last year and came out to be ₹6,654 crore. The main reason for this decline was a one-time charge of ₹1,289 crore, which was related to the new labour codes’ adoption.

A year ago in the same quarter, Infosys’ net profit was ₹6,806 crore. Nevertheless, on the other hand, the revenue was quite strong and able to grow in the range of 9% y-o-y to ₹45,479 crore, from ₹41,764 crore in Q3 of FY25. In terms of the quarter-on-quarter comparison, the net profit declined by 9.6% in contrast with Q2, however, the revenue experienced a slight increase of 2.2%.

Strong Focus on Enterprise AI

Infosys CEO and MD Salil Parekh said the company is strengthening its market position by offering value-based enterprise AI services through its Topaz platform. He remarked that Infosys’ extensive knowledge of the domain, the ability to innovate, and the solid delivery model, together with the above, still no doubt attract the attention of global clients and their movement to label the firm their partner in technology for the long term.

Furthermore, during the quarter, Infosys returned to the shareholders the largest amount of capital in its history, which was almost ₹18,000 crore for the share buybacks and interim dividends combined.

Hiring and Outlook

CFO Jayesh S confirmed that Infosys remains committed to its hiring plans and will provide employment to 20,000 freshers this financial year, as previously announced. To date, almost 18,000 fresh graduates have come onboard for the company.

Key Highlights

• During the quarter, Infosys clinched contracts amounting to $4.8 billion, among which new deals accounted for 57%.
• The firm won a significant $1.6 billion deal from the UK’s National Health Service (NHS).
• Revenue growth guidance for the full year has been increased to 3–3.5%, up from the previous projection of 2–3%.
• As of December 31, 2025, Infosys added 5,043 employees, taking total headcount to 3,37,034.
• The board approved stock incentives (RSUs) worth ₹3 crore for CEO Salil Parekh.
• Other IT giants were also impacted by labour code provisions, with TCS making Q3 provisions of ₹2,128 crore and HCL Technologies ₹719 crore.

Infosys shares ended marginally higher on the BSE, closing at ₹1,599.