Infosys Q3 FY26 Profit Declines 2.2% on Labour Code Impact; Revenue Rises 8.9%

Infosys reported its Q3 FY26 results with a 2.2% year-on-year decline in net profit to Rs 6,654 crore, impacted by a one-time Rs 1,289 crore charge due to new labour codes consolidating 29 laws. Revenue rose 8.9% YoY to Rs 45,479 crore, driven by strong deal wins including AI-led projects and a 1.6 billion USD contract with the UK's NHS. The company raised its FY26 revenue growth guidance to 3-3.5% in constant currency, maintaining operating margins at 20-22%. Headcount increased by over 5,000 with attrition declining to 12.3%. CEO Salil Parekh highlighted AI initiatives and robust demand across sectors despite margin pressures from labour code costs.