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Infosys India’s second-largest IT services firm is yet to take a call on its next round of salary hikes even as it recently rolled out a wage increase and reported a strong quarterly performance. The company posted a 9% year-on-year rise in consolidated net profit to Rs 6921 crore for the first quarter of FY26. Speaking after the results Chief Financial Officer Jayesh Sanghrajka said Infosys had paid a higher variable pay to employees during the quarter. However he added that the timeline for the next salary hike is still under discussion. Infosys CFO On Salary Hike “In the margin of this quarter we had 100 basis points of impact on account of wage hike as well as the higher variable pay that we paid to our employees this quarter so thats already done. Having done the wage hike very recently you know next one well have to decide when” said the CFO. While talking on the history of wage hikes this year Infosys CFO said that the company implemented the first part of its salary hikes from January 2025 and the second was rolled out effective 1 April 2025. “We did a wage hike already. First part of our hikes was effective January 2025; the second phase is already rolled out effective 1 April 2025 and the impact of that is already baked in” said Sanghrajka in the press conference after the companys April-June quarter results announcement.  Infosys Headcount The total headcount rose marginally by 210 employees during the course of the quarter bringing the workforce to 323788 level an increase of 2.6 per cent year-on-year. The company said it is on track to hire 20000 freshers this fiscal year as announced earlier. Financial services remained the largest sector contributing about 27.9 per cent of total revenue in Q1 FY26 followed by manufacturing at 16.1 per cent and retail at 13.4 per cent.