The attrition rate of Infosys stands at 13.7% for the last twelve months for the IT services for the reporting quarter of FY25. The company’s attrition rate was 12.9% in the previous quarter of the same fiscal year. Similarly, it was standing at 12.9% in Q3 FY24.
However, the total employee count stands at 323,379 in Q3 FY25, compared to 322,663 employees in the same quarter a year ago. This is an increase of 0.2% or 716 year-on-year. Women employees make up 39% of the total headcount, which was the same in the Q2 FY25. They were 39.3% of the total headcount in the Q3 FY24.
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The company’s utilization stands at 83%, including trainees for Q3 FY25, compared to 81.7% in the same quarter of the previous fiscal year. It was down from 84.3% of utilisation in the previous quarter.
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The company’s net profit rose 11.5% on year to Rs 6,806 crore in Q3 FY25, against Rs 6,106 posted in Q3 FY24. The company in its quarterly results revised its revenue guidance to 4.5%-5% in constant currency terms for FY25 compared to 3.75% to 4% it reported in Q2 FY25. Also, its large deal total contract value stands at $2.5 billion, out of which 63% are new deals.
Also ReadInfosys revises FY25 revenue guidance to 4.5- 5.0%, tad higher than estimates
“Our strong revenue growth sequentially in a seasonally weak quarter and broad-based year-on-year growth, along with robust operating parameters and margins, is a clear reflection of the success of our differentiated digital offerings, market positioning, and key strategic initiatives,” said Salil Parekh, Chief Executive Officer and Managing Director of Infosys. “We continue to strengthen our enterprise AI capabilities, particularly focusing on generative AI, which is witnessing increasing client traction,” he added. “This has led to another quarter of strong large deal wins and improved deal pipeline giving us greater confidence as we look ahead.”
“Our structured approach to operating margin expansion yielded more results in Q3,
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