Mumbai, April 18 (IANS). IT chief Infosys recently announced that the company has added 6,388 employees in FY 2025, with the total number of employees of the company to 3,23,578, while the company’s number of employees in the last financial year was 3,17,240.
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. The company earlier added 5,591 employees in the third quarter and 2,456 employees in the second quarter.
Despite slow hiring, the company says it will recruit 15,000-20,000 fresh graduates in FY 2026.
Earlier this year, Infosys fired about 400 trainees in his Mysore campus as he failed three times in the internal evaluation test.
These trainees were part of about 800 batch in October 2024.
Commenting on the trinney trim, Infosys CEO Salil Parekh said that the company follows a strict assessment system, which has been unchanged for two decades.
Parekh said during the press conference, “We have a rigorous way to test, which is the same for more than 20 years.”
During the March quarter, there was a slight increase in the sorting of employees. In the December quarter, the retrenchment rate increased from 13.7 percent to 14.1 percent.
The IT chief also provided an Employee Stock Option Plan (ESOP) worth about Rs 50 crore to his CEO Parekh for FY 2025.
Stock grants include annual performance-based incentives, which are given as restricted stock units (RSUs) under various schemes such as equity-linked and ESG-linked performance grants.
Meanwhile, the company recorded a decline of 11.7 percent on an annual basis for its consolidated net profit for the fourth quarter of FY 2025.
The company registered a profit of Rs 7,033 crore for the March 2025 quarter, which is less than Rs 7,969 crore in the same period last year.
Despite the decline in profit, Infosys recorded an increase of about 8 percent in its revenue, which increased from Rs 37,923 crore to Rs 40,925 crore in the March quarter of the previous year.
-IANS
SKT/ABM
