Infosys Q2 Attrition Rate At 14.3%, Headcount Increases By Over 8,000 Employees

Infosys announced its July-Sept quarter results of current fiscal (Q2FY26) on Thursday, Oct. 16, reporting a marginal drop in attrition rate to 14.3%, compared to 14.4% in the preceding June quarter. India's second-largest information technology (IT) services giant's total headcount stood at 3.31 lakh employees.

The attrition rate measures the rate at which employees leave a company over a period of time. A lower rate is generally considered healthy for a company. According to Infosys' regulatory filing to the stock exchanges, the total employee headcount rose by 8,203 to 3,31,991 employees in Q2FY26 compared to the first quarter.

Infosys' 12-month attrition rate of 14.3% in the quarter-under-review was higher than 12.9% reported in the year-ago period. The utilization (excluding trainees) stood at 85.1% compared to 85.2% in the preceding March quarter and 85.9% in the year-ago period.

Notably, the software services company's share of women employees rose marginally to 39.5% in the Sept. quarter, compared to 39.1% in the June quarter and 39% in the year-ago period. The total headcount was higher than 3,23,788 employees reported in the previous quarter and 3,17,788 employees in the year-ago period.

Infosys' profit for the July-Sept. period rose 6% sequentially to Rs 7,364 crore. The topline of the Bengaluru-based IT services firm rose 5.2% over previous quarter to Rs 44,490 crore. Infosys expects revenue for FY26 to rise by 1-3%, compared to the previous forecast of a 0-3% growth.

Infosys reported large deal total contract value at $3.1 billion for the Sept. quarter, down from $3.8 billion in the previous quarter. The net new deals for the IT services company accounted for 67% of the total TCV.0

On Thursday, shares of Infosys settled 0.08% lower at Rs 1,472.75 apiece on the BSE. The tech stock has gained over 2% so far this month and lost 8.5% in three months. Infosys is down 22% on a year-to-date basis and 23% in the last one year. The IT company commands a market cap of Rs 6,11,839.46 crore.