The latest quarter and annual financial results of Infosys show strong financial performance. The company also announced a large hiring plan for fresh graduates this year.
Quarterly performance shows higher profit and revenue
- During the January to March quarter, Infosys achieved a net profit of ₹8,501 crore. The net profit increased by 20.8 percent from ₹7,033 crore to its current value.
- The company experienced operational revenue growth which reached ₹46,402 crore in the quarter. Last year, it was ₹40,925 crore. The current value shows a 13.4 percent increase from last year.
Full-year results reflect steady expansion
- For the full financial year, Infosys reported a net profit of ₹29,440 crore. The current value represents a 10.20 percent increase over last year's total of ₹26,713 crore.
- The company showed stable performance across the year. The company experienced continuous growth in both profit and revenue.
The company experienced revenue growth throughout the entire financial year
- The annual revenue from operations reached ₹1,78,650 crore. This represents a 9.6 percent increase over the previous financial year.
- The company presented its financial projections for the current financial year. It expects revenue growth in the range of 1.5 percent to 3.5 percent.
Infosys announces plan to hire 20,000 freshers
- Infosys plans to recruit 20,000 freshers in the current financial year. CFO Jayesh Sanghrajka disclosed this hiring goal during the earnings announcement.
- The plan shows that company operations require entry-level workers who will stay with the company.
The company workforce now includes more than 3.28 lakh employees
- The total employee count of Infosys reached 328,594 as of March. The figure demonstrates the extent of their international workforce.
- The company maintains a substantial talent pool while simultaneously growing its recruiting activities.
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