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Infosys Skips Dividend, Profit Hit by Labor Costs
14 Jan
Summary
- Infosys announced its October-December quarter results on January 14, 2026.
- The company decided not to issue a dividend payout to its shareholders.
- A one-time labor code impact affected Infosys' net profit in the quarter.
Infosys, India's second-largest IT services firm, released its financial results for the October-December quarter on January 14, 2026. The company's net profit experienced a downturn, influenced by a one-time impact stemming from the implementation of labor codes.
Consequently, Infosys opted against distributing a dividend to its shareholders for this reporting period. This financial decision stands in contrast to recent announcements from competitors within the Indian IT sector.
Notably, Tata Consultancy Services (TCS) had declared its third-quarter results just two days prior, on January 12, 2026. TCS surpassed market expectations and announced a substantial dividend of Rs 57, including a special payout, offering a more favorable return to its investors.
