Earlier, Infosys yesterday released its budget statement for the fourth quarter of FY22. In fiscal 2022, the value of the company’s digital (e.g., cloud computing) market is reported to be 41.2% higher. This is a positive growth of 38.8 per cent over the same period last year. Its net profit for the fourth quarter stood at Rs 5,686 crore.
Similarly, its revenue growth rate for the financial year 2022 is 19.7%. This is a positive growth of 20.6 per cent over the same period last year. In the fourth quarter, its operating margin growth was 21.5 per cent.
Employment for youth:
Speaking to reporters after the release of the report, Nilanjan Roy, Chief Financial Officer, Infosys, said: The rate is 27.7%. “
| March 31,2022 | December 31,2021 | March 31,2021 | |
| Ratio of female employees | 39.6% | 39.6% | 38.6% |
| Staff dismissal rate | 27.7% | 25.5% | 10.9% |
The good growth rate in the fourth quarter is expected to lead to a decent pay rise for its employees from the next financial year.
Increase in employment: The country’s service sectors (IT) are heading for growth in the post-Corona period. For example, India’s total exports (combined trade and services) in February 2022 were estimated at US $ 57.03 billion. This is an increase of 25.41 per cent over the same period last year.
In addition, IT companies are planning to set up IT centers in second and third tier cities. It is said to provide a lot of employment and will greatly help the development of the area. Currently, IT companies like Wipro, DCIS and CDS are more interested in hiring newcomers than experienced applicants. Statistics show that the number of inexperienced young people (Fresher’s) employed between January and June 2022 was 30 percent higher than the same period last year.
Therefore, students who have recently completed their college studies and final year students can join large companies such as Wipro if they work hard.
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