Ganesh Kendale
Infosys added 2,456 employees during the second quarter of fiscal year 2025, the company announced at its earnings call yesterday. Infosys total headcount was 3,17,788 at the end of September. Infosys added 2,456 employees during the second quarter of fiscal year 2025 (July-September), reversing a six-quarter hiring decline. The headcount was 3,15,332 in the previous quarter (April-June) after a decrease of 1,908 employees, marking six consecutive quarters of decline.As announced by the IT firm, attrition for the second quarter was 12.9%, up from 12.7% in Q1, though lower than 14.6% in Q2 of the previous year.
Infosys reported a 4.7% year-on-year growth in net profit to Rs 6,506 crore for the September quarter on revenues of Rs 40,986 crore, up 5.1%. The company’s net profit and revenues grew by 4.2% and 2.2%, respectively.
What Infosys CEO said
Salil Parekh, CEO and MD of Infosys said during the earnings call “We saw strong quarter-on-quarter growth of 3.1% in constant currency in Q2. The growth was broad-based with good momentum in financial services, driven by our industry expertise, market-leading cloud capabilities with Cobalt, and generative AI offerings with Topaz. This has led to a growing preference among clients to partner with us”.
“Our large deals, amounting to $2.4 billion in Q2, reflect our differentiated position. I am grateful to our employees for their unwavering commitment to our clients as we continue to strengthen our market leadership,” he added.
Infosys Q2 earnings call begins with tribute to Ratan Tata
Infosys earnings call began with a tribute to the visionary leader and philanthropist. The earnings call opened with a tribute to the visionary leader and philanthropist, featuring a video honoring Ratan Tata and the legacy he built over the years. It was followed by a minute silence in his memory.
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