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Infosys wage hike: ‘Second pay hike completed, however subsequent one…,’ says IT main CFO


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Info know-how large Infosys Ltd. has mentioned that it has not selected the subsequent wage increment for its employees. Infosys had just lately carried out a wage hike. Following the Q1 FY26 outcomes, Infosys’s Chief Monetary Officer Jayesh Sanghrajka remarked that the corporate had just lately distributed a “greater” variable pay element, which, together with the wage hike, has already affected the corporate’s margins by 100 foundation factors within the latest quarter.

“Within the margin of this quarter, we had 100 foundation factors of impression on account of the wage hike in addition to the upper variable pay that we paid to our workers this quarter, in order that’s already completed. Having completed the wage hike very just lately, you recognize, subsequent one we’ll should resolve when,” he elaborated.

The wage increments at Infosys had been carried out in two phases, with the primary half efficient from January 2025 and the second section from 1 April 2025. Sanghrajka defined: “We did a wage hike already. First a part of our hikes was efficient January 2025; the second section is already rolled out, efficient 1 April 2025, and the impression of that’s already baked in.”

This transfer goals to retain expertise amid an growing attrition price, which reached 14.4% in June 2025, in comparison with 12.7% in June 2024. The rising attrition price is a priority, because it displays the variety of workers selecting to depart the corporate over a 12-month interval, indicating potential challenges in worker satisfaction or market competitors.

Workforce and hiring

When it comes to workforce dynamics, Infosys has seen its complete headcount rise to 323,788 workers as of 30 June 2025, indicating an addition of 8,456 workers year-over-year. “For those who take a look at our hiring numbers, our total headcount has remained fixed at this cut-off date, and our utilisation is at its peak at 85%. So, we are going to proceed hiring. We count on to proceed hiring according to what we introduced firstly of the yr, so there isn’t any change there,” Sanghrajka acknowledged, reflecting the corporate’s dedication to sustaining workforce ranges and operational effectivity.

Infosys Q1 FY26 outcomes

Infosys, led by CEO Salil Parekh, reported an 8.7% year-on-year (YoY) rise in web revenue to Rs 6,921 crore for the June quarter, surpassing analyst expectations of 4–7% progress. In the identical interval final yr, the IT main had posted a revenue of Rs 6,368 crore.

Income grew 7.5% YoY to Rs 42,279 crore, up from Rs 39,315 crore. The working margin stood at 20.8%, marginally down from 21.1% a yr in the past. Each income and margin figures broadly met Road estimates.

The corporate raised its FY26 fixed foreign money income progress steering to 1–3%, from the sooner vary of 0–3%. It maintained its working margin outlook at 20–22%, according to analyst projections.

Business analysts counsel that Infosys’s choice to delay additional wage hikes could also be a strategic measure to cushion its margins towards rising prices whereas sustaining aggressive pricing. Regardless of this, the corporate has revised its fiscal yr 2025-26 fixed foreign money income progress steering, elevating the decrease finish to 1% whereas retaining the higher finish at 3%, indicating confidence in navigating the difficult financial surroundings.

“Our efficiency in Q1 demonstrates the power of our enterprise AI capabilities, the success in shopper consolidation choices, and the dedication of our over 300,000 workers”, mentioned Salil Parekh, CEO and MD. “Our giant deal wins of $3.8 billion mirror our distinct aggressive positioning and deep shopper relationships”, he added.

Infosys shares closed 0.27 per cent greater at Rs 1,574.40 on BSE.