Infosys Q3 FY26: 5,000 Jobs Added; 20,000 Freshers Targeted
Infosys, India’s digital services and consulting pioneer, announced its financial results for the third quarter of FY2026 on January 15, 2026.
The report highlights a robust demand environment fueled by Generative AI and cloud transformations, though bottom-line figures reflect the impact of higher operational costs and shifting regulatory environments.
Financial Results: Revenue Growth Amid Margin Pressure
Infosys delivered a steady financial performance, reporting a consolidated revenue of ₹42,215 crore for Q3 FY26.
While the company saw a year-on-year revenue increase, net profit faced pressure due to ongoing investments in AI capabilities and rising wage bills.
The operating margin stood at 21.2%, remaining within the company’s guided range but showing the effects of intensive talent retention costs compared to the previous year.
Financial Performance Comparison:
| Financial Metric | Q3 FY25 (Year-ago) | Q2 FY26 (Preceding) | Q3 FY26 (Current) |
| Consolidated Revenue | ₹38,821 Cr | ₹40,986 Cr | ₹42,215 Cr |
| Net Profit | ₹6,106 Cr | ₹6,501 Cr | ₹6,322 Cr |
| Operating Margin | 20.5% | 21.1% | 21.2% |
| Revenue Guidance | 1.0% – 3.0% | 3.0% – 4.0% | 3.5% – 4.5% |
Infosys Headcount and Attrition: Stabilizing the Workforce
A critical highlight of this quarter was the stabilization of the workforce.
After several quarters of declining headcount across the IT sector, Infosys reported a net addition of 2,400 employees in Q3, bringing the total headcount to 317,600.
Attrition rates have significantly cooled compared to the “Great Resignation” period of FY25, signaling a more mature and stable talent market.
Workforce Metrics Comparison:
| Workforce Metric | Q3 FY25 (Year-ago) | Q2 FY26 (Preceding) | Q3 FY26 (Current) |
| Total Headcount | 322,663 | 315,200 | 317,600 |
| Net Employee Addition | (1,550) | 2,150 | 2,400 |
| LTM Attrition Rate | 12.9% | 12.7% | 11.8% |
| Utilization (Excl. Trainees) | 82.7% | 83.9% | 84.3% |
Hiring Plans: Renewed Focus on Freshers
The leadership team, led by CEO Salil Parekh, confirmed an aggressive push to replenish the talent pipeline.
The company plans to hire 15,000 to 20,000 freshers globally through the remainder of FY2026 and into FY2027.
This marks a shift from the cautious hiring stance seen in early 2025, as the firm prepares for a surge in “small-to-medium” discretionary projects that had previously been on hold.
Infosys New Partnerships and Deal TCV
Infosys recorded a Total Contract Value (TCV) of $3.2 billion in large deals this quarter. The company continues to pivot toward “AI-first” partnerships, including:
- Strategic Collaboration with NVIDIA: Expanding the partnership to develop enterprise-grade generative AI applications for the telecom and retail sectors.
- TK Elevator: A multi-year deal to harmonize the global service desk and workplace operations.
- Sally Beauty Holdings: A digital transformation partnership to enhance omnichannel consumer experiences using Infosys Topaz.
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