Infosys Q1 Attrition Rate Rises To 14.4%, Headcount At 3.23 Lakh Employees
Infosys attrition rate rose to 14.4% in the June quarter of FY26 while the total headcount stood at 3.23 lakh employees.
Infosys announced its April-June quarter results of current fiscal (Q1FY26) on Wednesday, July 23, reporting a marginal rise in attrition rate to 14.4%, compared to 14.1% in the preceding March quarter of FY25 (Q4FY25). India's second-largest information technology (IT) services giant's total headcount stood at 3.23 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 210 to 323,788 employees in Q1FY26 compared to the March quarter.
Infosys Q1 Attrition, Headcount
Infosys' 12-month attrition rate of 14.4% in the quarter-under-review was higher than 12.7% reported in the year-ago period. The utilization (excluding trainees) stood at 85.2% compared to 84.9% in the preceding March quarter and 85.3% in the year-ago period.
Notably, the software services company's share of women employees rose marginally to 39.1% in the June quarter, compared to 39% in the March quarter and 39.2% in the year-ago period. The total headcount stood at 323,788 employees, slightly higher than 323,578 employees in the previous quarter and 315,332 employees in the year-ago period.
ALSO READ
HCLTech Q1 Results: Profit Misses Estimates, FY26 Revenue Guidance Narrowed, Margin Guidance Lowered
Infosys Q1 Results
Infosys Ltd raised its lower-end revenue guidance for the ongoing fiscal. While its profit for April-June period declined, it met analysts expectations. The IT services company now expects its revenue for the financial year ending March 2026 to be around 1-3%, as compared to the previous forecast of 0-3%, according to its statement to the exchanges.
Revenue of Bengaluru-based largest IT services firm rose 3.3% over previous quarter to Rs 42,279 crore in the three months ended June, according to an exchange filing. That compares with the Rs 41,724-crore consensus estimate of analysts tracked by Bloomberg.
Quarter-on-quarter revenue growth in constant currency stood at 2.6%, reversing a 3.5% decline in the March quarter. Year-on-year, revenue grew 3.8% in constant currency terms. Infosys reported large deal total contract value at $3.8 billion for the June quarter, up from $2.6 billion in the previous quarter. Net new deals accounted for 55% of the total TCV.
