Hello Isha, you can checkout this code snippet for extracting text from a web element and saving it as a text or doc file:
import java.io.File;
import java.io.IOException;
import org.apache.commons.io.FileUtils;
import org.openqa.selenium.By;
import org.openqa.selenium.WebDriver;
import org.openqa.selenium.chrome.ChromeDriver;
public class ExtractText {
 static WebDriver driver;
 @SuppressWarnings("deprecation")
 public static void main(String[] args) throws IOException {
  System.setProperty("webdriver.chrome.driver", "chrome_driver_path");
  driver = new ChromeDriver();
  driver.manage().window().maximize();
  driver.get("https://www.edureka.co/devops");
  
  String output = driver.findElement(By.xpath("/html/body/div[1]/div[5]/div/div/div[1]/div[2]/div[1]/div")).getText();
  File DestFile= new File("extractedFilePath");
  FileUtils.writeStringToFile(DestFile, output);
  driver.close();
 }
}
For further understanding, you can refer to the Selenium Course.