Infosys CFO Discusses Wage Hikes and Workforce Changes Amid Strong Q4 Performance
Infosys CFO Jayesh Sanghrajka says no decision on the timing and quantum of hike β What we know
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Infosys has not yet decided on wage hikes, according to CFO Jayesh Sanghrajka, who cited various factors influencing such decisions. The company reported a 21% year-on-year profit increase to βΉ8,501 crore for Q4 FY26, despite a drop in headcount by 8,440 employees due to seasonal factors.
- 01Infosys has not finalized wage hike details, considering multiple factors.
- 02The company reported a 21% YoY profit increase for Q4 FY26.
- 03Headcount decreased by 8,440 employees, attributed to seasonal trends.
- 04Infosys added 5,000 employees over the fiscal year despite quarterly reductions.
- 05The attrition rate rose slightly from 12.3% to 12.6% in Q4 FY26.
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Infosys, one of India's leading IT firms, has yet to determine the timing and amount of wage increases, as stated by CFO Jayesh Sanghrajka during the Q4 FY26 press conference on April 23, 2026. He emphasized that wage decisions are influenced by various factors, including company performance, industry standards, inflation, and employee morale. The company reported a 21% year-on-year increase in consolidated profit, reaching βΉ8,501 crore for the quarter ending March 31, 2026, compared to βΉ7,033 crore in the same quarter last year. Despite the positive financial results, Infosys experienced a headcount reduction of 8,440 employees, attributed to seasonal fluctuations, although the total workforce increased by 5,000 over the fiscal year. The attrition rate saw a slight rise from 12.3% in Q3 to 12.6% in Q4 FY26, indicating ongoing challenges in workforce retention. CEO Salil Parekh highlighted strong deal wins worth $14.9 billion, showcasing the company's growth in enterprise AI services.
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The decision on wage hikes will affect employee morale and financial planning for many workers at Infosys. The headcount reduction may also impact job security and hiring trends in the IT sector.
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