Infosys Q4 net profit increases by 12 per cent

New Delhi : Software company Infosys has posted a net profit of 12% in Q4. With Rs 5,686 crore for March quarter 2021-22, the company has also announced new hirings in the coming days.

The revenue of India’s second-largest software services company grew 22.7 per cent to Rs 32,276 crore in the quarter from Rs 26,311 crore in the year-ago period, the regulatory filing said.

The company has said that they have expanded their fresher hiring program to 85000 from earlier 55000.

The Q4 reports for the company came after the share market was closed for trading. It would be interesting to see how the share of the company will open on Monday after a long weekend.

Last year, the company also announced a dividend of Rs 16 per share.