Infosys Q3 Profit Declines 2.2% on Labour Code Impact; Raises FY26 Revenue Guidance

Infosys reported a 2.2% year-on-year decline in Q3 FY26 net profit to Rs 6,654 crore, impacted by a one-time Rs 1,289 crore charge due to new labour codes increasing gratuity and leave liabilities. Revenue rose 8.9% to Rs 45,479 crore, driven by strong demand in financial services, energy, and AI projects. The company raised its FY26 revenue growth guidance to 3-3.5% in constant currency, maintaining operating margin guidance at 20-22%. Attrition fell to 12.3%, with headcount increasing by over 5,000 employees.