Infosys Q3 Results: Infosys announced its October-December quarter results for fiscal 2024-25 (Q3FY25) on Thursday, January 16, reporting an attrition rate of 13.7 per cent, compared to 12.9 per cent in the preceding September quarter and the year-ago period.
India’s second-largest software services company added net 5,591 employees in the third quarter of current fiscal, taking the total headcount to 323,379 employees from 317,718 in the preceding quarter.
The December quarter is typically a seasonally weak quarter for India’s IT industry, due to furloughs and fewer working days.
Infosys’ large order bookings, or deals over $30 million, stood at $2.5 billion during the quarter, compared to $2.4 billion in the previous quarter and $3.2 billion in the year-ago period.
“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. We continue to strengthen our enterprise AI capabilities, particularly focusing on generative AI, which is witnessing increasing client traction,” Infosys CEO and MD Salil Parekh said.
