Infosys Q4 Net Profit Jumps 21% to ₹8,501 Crore; Plans to Hire 20,000 Freshers in FY27
Infosys, India's second-largest IT services company, reported a 21% year-on-year jump in Q4 FY26 net profit to ₹8,501 crore, beating analyst estimates. The company demonstrated resilience in margins across multiple quarters despite global headwinds. Infosys announced plans to hire 20,000 freshers in FY2026-27, signalling confidence in demand recovery. CEO Salil Parekh said the company 'absorbed headwinds and stayed resilient.' Separately, India Inc's aggregate net profit rose double digits in Q4, led by BFSI and IT sectors, with revenue growth at its highest in seven quarters.
Key Facts & Details
7 points- 1Infosys Q4 FY26 net profit jumps 21% YoY to ₹8,501 crore
- 2Company plans to hire 20,000 freshers in FY2026-27
- 3India Inc's Q4 aggregate net profit rose double-digits; highest revenue growth in 7 quarters
Deep Dive
- +Infosys is headquartered in Bengaluru; co-founded by N.R. Narayana Murthy in 1981
- +Salil Parekh has been Infosys CEO since January 2018
- +TCS is India's largest IT company; Infosys is the second largest
- +Infosys has over 3.2 lakh employees globally
Exam Focus
Likely MCQ: Who is the current CEO of Infosys? → Answer: Salil Parekh
Related Topics
Exam Relevance & Angle
Banking Awareness & Economy: IT sector performance, Q4 results, and employment trends.
Target Exams
Background & Context
Infosys Limited is India's second-largest IT services company by revenue, headquartered in Bengaluru, Karnataka. It was co-founded by N.R. Narayana Murthy and six others in 1981 and became the first Indian company to list on NASDAQ in 1999.
Key figures:
- Current CEO: Salil Parekh (since January 2018)
- Chairman: Nandan Nilekani
- Employees: 3.2+ lakh globally
- Revenue (FY26): ~₹1.65 lakh crore
India's IT sector is a backbone of the economy, contributing about 8% to GDP and employing over 50 lakh professionals. India's top IT companies by revenue: TCS → Infosys → Wipro → HCL Tech → Tech Mahindra.
The fresher hiring announcement is significant as Indian IT companies had significantly curtailed campus hiring in FY24-25 due to demand slowdowns, especially from US and European clients affected by macroeconomic uncertainty. The return to large-scale hiring signals recovery in IT demand.
Related GK Concepts
Must KnowTest Yourself
1 / 3Infosys was co-founded by which business leader?
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