IT services major Infosys has handed out an average performance bonus of 80% to a majority of its employees for the first quarter of FY26, according to people in the know.

The bonus, higher than that in the previous quarter, was in the range of 75-89% based on performance ratings across employee levels, they said.

Infosys beats estimates in Q1

The bonus comes after the company reported better-than-expected results in the June quarter. The company had then raised the lower end of its revenue growth guidance for FY26, citing improved visibility and strong deal wins.

An email sent to the company did not elicit any response till press time.

In an internal communication, the country’s second-largest IT services firm said individual performance bonus letters will be uploaded to employees’ e-dockets.

In the June quarter, Infosys outshone its peers and stood out as the only IT services company to report revenue growth in constant currency terms. Its consolidated revenue rose 3.3% sequentially to Rs 42,279 crore, exceeding the consensus estimates on Bloomberg of Rs 41,724 crore. The company’s net profit declined 1.6% quarter-on-quarter to Rs 6,921 crore but remained ahead of the Street estimate of Rs 6,778 crore.

Outperformance amid sector slowdown

In contrast, three other IT services majors – Tata Consultancy Services (TCS), HCLTech and Wipro – saw their revenue growth and margins decline. TCS, the largest of the four, posted its first revenue decline in over four years in the June quarter.

Despite an uncertain macroeconomic backdrop, Infosys’ relative outperformance in the June quarter can be attributed to the steady execution of large short-term deals signed earlier in the year. With its fourth straight quarter of headcount growth and a stable margin profile, Infosys showed signs of resilience that some of its peers lacked in the first quarter.

“We have a strong deal pipeline. That is the reason why we have increased the lower end (of revenue growth guidance) from 0% to 1%,” CFO Jayesh Sanghrajka had said after the June quarter results.