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Infosys Will Hire 45 Thousand Freshers – Good News: Infosys will give jobs to 45 thousand freshers, the company is expanding its operations

Agency, New Delhi.

Published by: Jeet Kumar
Updated Thu, 14 Oct 2021 01:14 AM IST

Summary

The company is continuously expanding its operations, due to which we will need more employees. This is the reason that in the current financial year, we have increased the target of recruiting freshers to 45 thousand.

The country’s second largest IT company Infosys reported a 12 per cent increase in profit at Rs 5,421 crore in the September quarter. Buoyed by the second quarter results, the company has set a target of employing 45,000 freshers in 2021-22. Earlier this figure was 35 thousand.

Infosys Chief Operating Officer (COO) Praveen Rao said that the rate of change of jobs of employees is increasing continuously. It rose to 20.1 per cent in September, up from 12.8 per cent in the previous year.

He said total profit grew by 11.9 per cent in the July-September quarter as against Rs 4,845 crore in the same period last year. The company’s revenue during this period grew by 20.5 per cent to Rs 29,602 crore.

The company expects revenue to grow by 17.5 per cent in the current fiscal. The company’s CEO and MD Salil Parekh said that the board has decided to pay dividend at the rate of Rs 15 per share to the investors.

Wipro profit up 17 percent
IT company Wipro’s profit also saw a strong jump of 17 per cent in the September quarter. The company on Wednesday reported a total profit of Rs 2,930.6 crore for the second quarter ended September 30, up from Rs 2,484 crore in the same period last year.

The company has also crossed the annual revenue rate of 75,300 crores. Thierry Delaporte, CEO and MD, Wipro, said, “There has been a growth of 28 per cent year-on-year in the first half of the current financial year. Our revenue also grew by 29.5 per cent to Rs 19,378 crore.

Expansion

The country’s second largest IT company Infosys reported a 12 per cent increase in profit at Rs 5,421 crore in the September quarter. Buoyed by the second quarter results, the company has set a target of employing 45,000 freshers in 2021-22. Earlier this figure was 35 thousand.

Praveen Rao, Chief Operating Officer (COO) of Infosys said that the rate of change of jobs of employees is increasing continuously. It rose to 20.1 per cent in September, up from 12.8 per cent in the previous year.

He said total profit grew by 11.9 per cent in the July-September quarter as against Rs 4,845 crore in the same period last year. The company’s revenue during this period grew by 20.5 per cent to Rs 29,602 crore.

The company expects revenue to grow by 17.5 per cent in the current fiscal. The company’s CEO and MD Salil Parekh said that the board has decided to pay dividend at the rate of Rs 15 per share to the investors.

Wipro profit up 17 percent

IT company Wipro’s profit also saw a strong jump of 17 per cent in the September quarter. The company said on Wednesday that it reported a total profit of Rs 2,930.6 crore for the second quarter ended September 30, as against Rs 2,484 crore in the same period last year.

The company has also crossed the annual revenue rate of 75,300 crores. Thierry Delaporte, CEO and MD, Wipro, said, “There has been a growth of 28 per cent year-on-year in the first half of the current financial year. Our revenue also grew by 29.5 per cent to Rs 19,378 crore.

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