IT-head Infosys will appoint 15,000-20,000 fresh graduates in FY 2026

Mumbai, April 18 (IANS). IT head Infosys recently announced that the company has added 6.388 employees in FY 2025, with the total number of employees of the company up to 3,23,578, while the company’s number of employees was 3,17,240 over the past financial year. However, it was accepted by the company that there was a slight increase in the number of employees in the fourth quarter. During this period, the company added 199 employees. This was the third consecutive quarter of an increase in the number of employees for Infosys. Earlier, the company added 5.591 employees in the third quarter and 2.456 employees in the second quarter. Despite the slow appointment, the company says it will recruit 15,000-20,000 fresh graduates in FY 2026. Earlier this year, Infosys fired about 400 pupils in his MySore campus as he failed three times in the internal evaluation test. These pupils were part of about 800 groups in October 2024. With the comments on the Trim finish, Infosys CEO Salil Parekh said the company was following a strict assessment system, which has been unchanged for two decades. Parekh said at the press conference: “We have a strict way to test, which is the same for more than 20 years.” During the March term, there was a slight increase in the sorting of employees. In the December quarter, the retrenchment rate rose from 13.7 percent to 14.1 percent. The IT chief also provided an employee stock option plan (ESOP) worth approximately Rs 50 Crore to its CEO, Parekh for FY 2025. Inventory allowances contain annual performance-based incentives, which are given as limited stock units (RSUs) under different schemes, such as stock-linked and ESG-linked performance boards. Meanwhile, the company recorded a 11.7 percent drop on an annual basis for its consolidated net profit for the fourth quarter of FY 2025. The company has a profit of Rs 7,033 crore for the quarter of 2025, which is less than Rs 7,969 crore, during the same period last year. Despite the decline in profit, Infosys recorded an increase of about 8 percent in its turnover, which increased from the previous year from the previous year from Rs 37.923 crore to Rs 40.925 crore. -Ians skt/abm