Good news for IT employees as this company plans to hire over 20000, the name is….

Narayana Murthy led Infosys has announced a plan to recruit over 20,000 freshers in the financial year 2026. After firing around 300 trainees who did not pass evaluation tests, this move by the IT giant is a good sign for the sector.

CFO Jayesh Sanghrajka confirmed the hiring plans and said “In terms of hiring, we are expecting to hire 20,000-plus freshers.” The company’s headcount increased only by 199 employees in the fourth quarter ended on March 31, 2025. Over the fiscal year 2025, Infosys added 6,388 employees, bringing its total workforce to 323,578, reported Business Today.

Infosys attrition rate increased to 14.1% in Q4 FY25 from 13.7% in the previous quarter. The company also reported 11.7% decline in consolidated net profit for the March quarter, amounting to Rs 7,033 crore compared to Rs 7,969 crore in the same period last year.

Infosys Salary Increment

Infosys recently announced salary increments which were effective from April 1, 2025. The average salary increase given is in the range of 5-8%, while top performers receive hikes between 10-12%. CFO Sanghrajka during the Q4 FY25 press conference said “We are on track on wages. A large part of wage increments were rolled out in January, and the balance is effective from April 1.”

Infosys Q4FY25 Results

Revenues for the quarter under review came in at Rs 40,925 crore, 7.9 per cent higher from Rs 37,923 crore in Q4 FY24. Sequentially, the company’s profits rose 3.3 per cent, but revenues declined 2 per cent.

For the full FY25, profits saw a marginal increase of 1.8 per cent to Rs 26,713 crore, according to a regulatory filing. Revenues climbed 6.06 per cent to reach Rs 1,62,990 crore — exceeded its guidance of 4.5-5 per cent for the full FY25. The company bagged a large deal with a total contract value of USD 11.6 billion for the year, with 56 per cent net new wins.

The operating margin of the company increased 0.9 per cent year-on-year while there was a 0.3 per cent decline in the margin on a quarter-on-quarter basis.

“We have built a resilient organisation with sharp focus on client-centricity and responsiveness to the market, thanks to the trust of our clients and dedication of our employees,” Parekh said.

“Our performance for the year has been robust in terms of revenues, expansion in operating margins and highest-ever free cash generation. Our depth in AI, cloud and digital and strength in cost-efficiency, automation, and consolidation position us well for the needs of our clients,” Parekh said.

He said the company has improved margins despite multiple headwinds.

“We have paid higher variable pay to our employees. We had many of the large deals ramping up during this period. We did an acquisition, so there was an acquisition-related impact. Despite all of those headwinds, we have been able to increase our margins by 50 basis points,” Parekh said.

He said there has been an increased demand for deployment of AI agents across clients.

(With Inputs From PTI)

News