Latest Recruitment 2022: Infosys To Hire 55,000 Freshers in FY2022; Details Inside

Infosys Recruitment 2022: After the announcement of a profit of Rs.5809 crore for the third quarter of fiscal year 2021-22, Infosys, India's second largest IT firm, announced the commencement of its global graduate recruitment program ( Infosys Recruitment Drive 2022) that will hire 55,000 fresher’s for FY22. 

In an interview with multiple news agencies, Chief Financial Officer Nilanjan Roy stated that the IT firm continues to emphasize expenditures in talent acquisition and development for FY22 in order to fulfill growth targets and has   increased the worldwide graduate recruitment program to more than 55,000 employees. 

According to the report, Infosys' overall workforce as of December 2021 was 292067, up from 279617 in the previous quarter and 249312 as of December 2020. 

With this revelation, the IT giant has provided excellent news for fresh graduates who are looking for employment opportunities. 

More specifically, Infosys CEO and MD Salil Parekh stated that the company's employees' talent will be promoted. "Under this, we will continue to focus on skilling our workforce to satisfy all of our customers' needs. Along with this, the welfare of the employees is also included in our priority.” 

Infosys announced its results for the third quarter of FY22, which ended on December 31, with an 11.8 percent increase in consolidated net profit to Rs.5,809 crore, up from Rs.5,197 crore in the corresponding quarter last year. Furthermore, the IT firm has boosted its revenue growth projections for FY22 to 19.5-20%. 

Infosys’ revenue grew 22.9 per cent to Rs.31867 crore for the quarter ended December 2021, from Rs.22927 crore a year ago. 

Infosys delivered a solid Q3 performance, with sequential growth of 7% in the seasonally weak quarter and year-on-year (YoY) growth of 21.5% in constant currency. 

Growth remained broad-based and dealt firmly with momentum, with digital transformation rapidly spreading across verticals and regions. The big deal accelerated in Q3 with a total contract value (TCV) of $2.53 billion. 

"Our strong performance and market share gains are a testament to the immense faith our customers have in us to support them in their digital transformation," said Salil Parekh. This is the result of four years of continued strategic emphasis on areas of importance to our customers in digital and cloud, the constant re-skilling of our people and the deep trust our customers have with us.”