Infosys Recruitment Drive 2022: With this statement, the IT behemoth has delivered some welcome news to young graduates searching for work.
Infosys, India’s second-largest IT business, said on Wednesday that it plans to employ 55,000 freshers for FY22 as part of its worldwide graduate hiring drive, after the announcement of a profit of Rs 5,809 crore for the third quarter.
Chief Financial Officer Nilanjan Roy stated the IT business continues to emphasize investments in talent acquisition and development, and that the worldwide graduate recruiting programme has been raised to over 55,000 for FY22 to meet the company’s growth aspirations.
According to the report, Infosys’ overall workforce in December 2021 was 2,92,067, up from 2,79,617 in the preceding quarter and 2,49,312 in December 2020.
With this statement, the IT behemoth has brought some good news to freshers searching for work. Salil Parekh, CEO and MD of Infosys, said that the company’s priority would continue on fostering its workers’ skills. “As a result, we are continuing to concentrate on skilling our personnel to fulfil all of our clients’ needs.” In addition, the well-being of our staff is a top concern for us,” he stated.
Infosys released its results for the third quarter of FY 22 ended December 31, announcing an 11.8 percent increase in its consolidated net profit to Rs 5,809 crore from Rs 5,197 crore in the previous year’s equivalent period. Furthermore, the IT company has raised its sales growth forecast for FY22 to 19.5-20%.
In the quarter ending December 2021, Infosys’ revenue increased by 22.9 percent to Rs 31,867 crore, up from Rs 22,927 crore the previous year.
In a traditionally poor quarter, Infosys produced a solid Q3 performance, with sequential growth of 7% and year-on-year (YoY) growth of 21.5 percent in constant currency. With digital transformation quickly spreading across sectors and geographies, growth remained broad-based and faced with strong pace. With a total contract value (TCV) of $2.53 billion in Q3, large deal wins surged.
“Our great success and market share increases are evidence of our customers’ immense trust in us to assist them in their digital transformation.” This is the result of four years of consistent strategic emphasis on areas of relevance for our customers in digital and cloud, ongoing re-skilling of our personnel, and strong trust relationships with our clients,” Salil Parekh said.