Infosys crorepati club swells to multi-year high as AI disruption looms

Infosys, which reported marginal growth in its workforce, saw the number of employees earning over ₹1 crore annually rise 16% year-on-year to 130 as of March 2026 — likely the highest tally in the company’s history.

The increase was supported by improved retention of high earners, with only 22 such employees exiting during FY26, compared with around 67 departures over the previous two years.

The country’s second-largest IT services firm attributed the rise in high earners primarily to changes in the perquisite value of stock incentives granted in earlier years and exercised during FY26, as well as revisions in compensation.

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Notably, the increase in crorepati employees comes at a time when the software industry is grappling with uncertainty around the impact of generative AI and automation on traditional technology services models.

The number of ₹1-crore-plus earners at Infosys had risen 9% to 112 in FY25, after declining 17% to 103 in FY24, according to data compiled from the company’s annual reports. The tally had remained below the 100 mark prior to FY22.

Infosys also said it does not expect its total headcount to decline by the end of FY27, citing sustained demand for lateral hiring. The company plans to recruit 20,000 college graduates in FY27, in line with the previous year.

It is important to note that the number of crorepati employees disclosed in the annual report includes only India-based employees who were on the rolls for the full fiscal year. It excludes employees who joined or exited during the year and therefore did not complete a full-year tenure.

The list also excludes the remuneration of the company’s top 10 employees, whose compensation details are disclosed separately in Annexure 3 of the Board’s Report.

Infosys’ employee benefit expenses rose 11% year-on-year to ₹95,094 crore in FY26, accounting for 53% of its ₹1.8 lakh crore revenue. The company reported a 10% rise in revenue during the year, while net profit increased 10.2% to ₹29,440 crore.

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According to the annual report, Infosys had 252,753 employees on a standalone basis and 328,594 on a consolidated basis as of March 31, 2026. This compares with 323,578 a year earlier, indicating a net addition of about 5,000 employees during FY26.