Infosys Q3 results: Profit hit by labour codes, but FY26 guidance gets a lift
Infosys raised its FY26 revenue growth forecast to 3%-3.5% after Q3 revenue rose 8.9% to 454.79 billion rupees, but profit fell 2.2% due to a one-time 12.89 billion rupee charge from India’s new labour codes. Operating margin was 18.4%, adjusted to 21.2% excluding the provision. The company reported $4.8 billion in large-deal wins. Infosys shares closed up 0.6% ahead of earnings, but remain down 17% over the past year.