Sunday, July 27, 2025

Infosys headcount largely flat in Q1 FY26, attrition inches higher

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Infosys Ltd, India’s second-largest software services exporter, reported a marginal uptick in its voluntary attrition rate for the June quarter, even as overall headcount growth remained muted.Voluntary attrition in its IT services segment rose to 14.4% in Q1 FY26, up from 14.1% reported in FY25, according to data released alongside the company’s Q1 earnings on Wednesday. The 30-basis-point increase highlights continued churn in the technology workforce amid a cautious demand environment.
Infosys’ total employee count stood at 3,23,788 at the end of the June quarter, compared to 3,23,578 in the previous fiscal. The company added just 210 employees during the quarter.
The number of software professionals rose to 3,06,706 from 3,06,599 in FY25, while sales and support staff inched up to 17,082 from 16,979. Women made up 39.1% of the workforce—only marginally higher than 39% at the end of the last fiscal year.The company reported a consolidated net profit of ₹6,920 crore, up 8.7% from the same period last year, beating Street estimates. Revenue rose 7.5% to ₹42,279 crore, the company said in a post-market hour announcement.

In comparison with peers, Tata Consultancy Services (TCS) was the only other major IT firm to grow its employee base in the June quarter, adding 5,090 employees. HCLTech and Wipro saw a reduction of 269 and 114 employees, respectively. Tech Mahindra trimmed its workforce by around 622, while LTIMindtree lost 418 employees.

Also Read: Infosys Q1 Results: Lower end of FY26 revenue growth guidance raised; USD topline beats

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