Infosys Q3 Profits Rise on Deal Wins Despite Labour Code Margin Pressure
📰 Infosys Q3 FY26 Performance
Infosys reported significant large deal wins in the December quarter, leading to a revenue performance that **exceeded market expectations**. The company concurrently revised and **increased its FY26 revenue growth forecast**.
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A **one-time impact** resulting from changes in the labor code affected the quarter's net profits. Despite this, the positive momentum mirrors results reported by industry peers, including **TCS** and **HCL Tech**.
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Client activity indicates a growing adoption of **new AI technology platforms**. Internally, the company saw a rise in its **headcount** alongside a reduction in **attrition rates**.