Infosys, India’s second-largest IT services company based in Bengaluru, Karnataka, has rolled out salary hikes for employees effective April 1, 2025. The increments, ranging from 5-8% on average, were implemented on February 24, 2025, with top performers receiving 10-12% raises. This marks the company’s first salary revision since November 2023. The company also reported an 11.4% rise in net profit for Q3 FY25 and raised its revenue growth forecast.
Infosys, India’s second-largest IT services company, has rolled out salary hikes for its employees, effective April 1, 2025. The wage increments, implemented on February 24, range from 5-8% on average, with top performers receiving hikes of up to 12%. The Bengaluru-based company had last revised salaries in November 2023.
Salary Hikes Based on Performance
Infosys classifies employees into four performance categories: outstanding, commendable, met expectations, and needs improvement. The salary hikes have been applied to employees in band JL6 and below. Infosys Chief Financial Officer Jayesh Sanghrajka previously indicated that salary increments in India would range between 6-8%, while international increments would align with past reviews.
Infosys Q3 FY25 Performance
On January 16, Infosys reported an 11.4% increase in net profit, reaching ₹6,806 crore for the October-December quarter of FY25, compared to ₹6,106 crore in the same period last year. The company’s revenue for the quarter stood at ₹41,764 crore, marking a 7.6% year-on-year (YoY) increase.
In constant currency (CC) terms, revenue grew by 6.1% YoY but saw a 1.7% decline sequentially. The company’s financial services division led the growth, with a 6.1% rise in revenue. Large deals, valued at over $50 million, totaled $2.5 billion for the quarter, up from $2.4 billion in the previous quarter.
Updated Revenue Growth Forecast
Infosys raised its full-year revenue growth forecast for FY25 to 4.5-5%, up from its previous projection of 3.75-4.5%. CEO Salil Parekh highlighted that the company’s strong sequential growth in a traditionally weak quarter reflects the success of its digital offerings and strategic initiatives.
Employee and Attrition Trends
Infosys’ voluntary attrition rate in the IT services segment increased to 13.7% in the December quarter, up from 12.9% in September 2024. The company’s total workforce stood at 323,379 as of Q3 FY25, compared to 322,663 in the same period last year.
With a positive earnings outlook and a focus on rewarding employees, Infosys continues to strengthen its position in India’s IT sector while navigating global market challenges.
