IT services giant Infosys showcased robust confidence in the evolving AI-driven market during its Q3 FY26 earnings announcement on January 14, 2026. CEO Salil Parekh highlighted the company's deepened commitment to artificial intelligence, particularly through its enhanced Topaz AI platform, now bolstered by the launch of Topaz Fabric — a comprehensive agent services suite designed to help clients manage and deploy AI agents at enterprise scale.

Parekh emphasized Infosys' strong traction in AI adoption, revealing that the company is collaborating with 90% of its largest 200 clients on AI initiatives. Currently, Infosys is executing 4,600 AI projects and has developed over 500 AI agents. Its teams have generated more than 28 million lines of code using AI tools, underscoring the rapid integration of generative AI across operations.

The executive pointed to six emerging large AI value pools that present significant growth opportunities: AI engineering services, data for AI, agents for operations, AI software development and legacy modernization, AI deployed in physical devices, and AI trust and risk services. "We believe we are uniquely positioned to capture market share across these value pools and emerge as the leading AI value creator for global enterprises," Parekh stated.

The company plans to provide a detailed overview of its AI strategy at an upcoming investor day later this quarter. A key highlight was Infosys' strategic focus on the healthcare sector, with Parekh announcing support for the UK's National Health Service (NHS) to leverage AI for streamlining operations and enhancing patient care for UK citizens. This major engagement aligns with the company's broader push into transformative AI applications. Strengthened by strong deal momentum — including large deal wins totaling $4.8 billion in the quarter — and solid execution, Infosys revised its FY26 revenue growth guidance upward to 3% to 3.5% in constant currency terms (from the previous 2-3%). Operating margin guidance remains unchanged at 20-22%.

In response to analyst questions, Parekh and CFO Jayesh Sanghrajka addressed headcount growth, noting a sequential increase of over 5,000 employees (reaching approximately 337,000), including the onboarding of around 18,000 freshers so far this year toward a target of 20,000. This hiring contrasts with peers like TCS reducing staff, reflecting Infosys' optimism about demand recovery, particularly in financial services and energy, utilities, and resources.

Sanghrajka explained that the marginal sequential dip in reported margins (to 20.8%) was influenced by factors such as furloughs, variable pay accruals, and investments in sales and marketing, offset by currency benefits and efficiency gains from initiatives like Project Maximus. Adjusted margins showed expansion, and the company continues to absorb capacity-building costs while maintaining overall profitability. On the demand outlook, management noted improving discretionary spending in key sectors like financial services (including retail banks, payments, and mortgages) and a healthy large-deal pipeline. While retail remains mixed due to client-specific cost containment, the overall environment signals gradual recovery.

Infosys also clarified recent reports on U.S. visa issues, stating no employees have been apprehended, though one was denied entry months ago. On Mergers&Acquisitions, the company signaled continued interest in targeted acquisitions in areas like cyber, consulting, and energy services to deepen capabilities and expand geographically.