Wipro job alert: India’s fourth-largest IT major to hire 10-12K freshers in FY26 with 2,500-3,000 every quarter
2 months ago

Wipro job alert: India’s fourth-largest IT major to hire 10-12K freshers in FY26 with 2,500-3,000 every quarter

Live Mint  

Wipro job alert: India's fourth-largest IT services company announced that it expects freshers hiring to be between 10,000-12,000 for the next financial year 2025-26, after declaring its October-December quarter results for fiscal 2024-25 on Friday, January 17. Wipro's voluntary attrition rate rise to 15.3 per cent in the third quarter of current fiscal. The company will continue to onboard 2,500-3,000 freshers every quarter, which translates into 10,000-12,000 freshers onboarding every fiscal year. Wipro Q3 Results The Srinivas Pallia-led tech giant reported a 24.5 per cent rise in its consolidated net profit to ₹3,353.8 crore during the third quarter of the current fiscal year, compared to ₹2,694.2 crore in the year-ago period.

Quarter Fiscal Wipro Every Quarter  yearago  job  major  fy26  fiscal  offers  crore  wipro  pending  fourthlargest  alert  company  hire  indias  freshers  quarter  compared

History of this topic

Wipro Q3 Results 2025: Profit Rises by 24.48% YOY to ₹3353.8 Crore
2 months ago

Wipro Q3 Results 2025: Profit Rises by 24.48% YOY to ₹3353.8 Crore

Live Mint  

Wipro Q3 Results 2025:Wipro declared their Q3 results on 17 Jan, 2025, reporting a topline increase of 0.51% year-over-year. Wipro Q3 Results The operating income also showed improvement, up by 4.89% quarter-over-quarter and an increase of 18.56% year-over-year. As of 18 Jan, 2025, among the 38 analysts covering the company, 7 have issued Strong Sell ratings, 12 have given Sell …

Wipro exceeds expectations with 24.4% rise in Q3 consolidated net profit
2 months ago

Wipro exceeds expectations with 24.4% rise in Q3 consolidated net profit

Hindustan Times  

Wipro on Friday topped street expectations with a 24.4 per cent year-on-year rise in consolidated net profit for the December quarter at ₹3,354 crore, as the top brass of India's fourth-largest IT services company guided for a "more hopeful and resilient" 2025. On Thursday, the second-largest tech firm Infosys reported 11.46 per cent rise in the third quarter net profit …

Wipro ADR rises 4% on NYSE after IT major’s net profit shoots 24% YoY to surpass Street estimates in Q3FY25
2 months ago

Wipro ADR rises 4% on NYSE after IT major’s net profit shoots 24% YoY to surpass Street estimates in Q3FY25

Live Mint  

Wipro ADR: American Depository Receipt shares of India's fourth-largest IT services company witnessed a sharp rise on the New York Stock Exchange after declaring its October-December quarter results for fiscal 2024-25. Wipro ADR rose 4.09 per cent to $3.435 on the American stock exchange after the IT major surpassed D-Street expectations with its net profit surging 24.5 per cent in …

Wipro reports 24% rise in Q3 net profit
2 months ago

Wipro reports 24% rise in Q3 net profit

The Hindu  

Wipro Ltd. on Friday reported a 24.5% year-on-year increase in its net profit of ₹3,353.8 crore in the third quarter of fiscal 2025. Aparna Iyer, Chief Financial Officer, said “We expanded margins for a fourth consecutive quarter, enabling us to achieve our previously stated target margin of 17.5%. Our EPS grew 24.4% YoY and operating cash flow was at 146.5% …

Wipro, Tech Mahindra revenue shrinks in Q3
2 months ago

Wipro, Tech Mahindra revenue shrinks in Q3

Live Mint  

Wipro Ltd and Tech Mahindra Ltd ended 2024 on a weak note with sequential revenue declining in the third fiscal quarter, implying that the worst is not yet behind for the two software services providers that saw revenue contract in the previous financial year. A revenue decline at Wipro and Tech Mahindra implies that three of India’s top five IT …

Wipro Q3 attrition rate rises to 15.3%; headcount down by 1,157 to 2,32,732 employees
2 months, 1 week ago

Wipro Q3 attrition rate rises to 15.3%; headcount down by 1,157 to 2,32,732 employees

Live Mint  

Bangalore-based IT major Wipro Ltd, which announced its third-quarter results on Friday, saw its voluntary attrition rate rise to 15.3 per cent in the October-December quarter of the financial year 2024-25. The attrition rate was at 14.2 per cent in the same period in the previous financial year, according to the company's BSE filing. Wipro Q3 Results Wipro Ltd's consolidated …

Wipro Q3 earnings: Wipro Q3 net profit zooms 24.4% to ₹3,354 crore, firm tweaks capital allocation policy
2 months, 1 week ago

Wipro Q3 earnings: Wipro Q3 net profit zooms 24.4% to ₹3,354 crore, firm tweaks capital allocation policy

The Hindu  

IT services company Wipro on Friday reported a 24.4% year-on-year rise in its consolidated net profit for the just-ended December quarter at about ₹3,354 crore. Wipro board has approved a revised capital allocation policy that increases the committed payout percentage to 70% or above in a block of three years. The capital allocation policy has been revised to increase the …

Wipro bonus shares: Power of long-term investment! ₹10,000 turns to ₹5 lakh in 15 years
3 months, 3 weeks ago

Wipro bonus shares: Power of long-term investment! ₹10,000 turns to ₹5 lakh in 15 years

Live Mint  

Wipro share price traded marginally lower on Tuesday, December 3, as the IT stock turned ex-date for bonus issue. Wipro Bonus shares history This is the IT major’s fourth bonus issue in the last 15 years, according to data available on the BSE website. In 2010, Wipro declared a bonus issue in the ratio of 2:3, wherein two equity shares …

Wipro Enterprises’ revenue rises 10 pc to ₹16,902 cr in FY24; profit jumps 35 pc
3 months, 3 weeks ago

Wipro Enterprises’ revenue rises 10 pc to ₹16,902 cr in FY24; profit jumps 35 pc

Live Mint  

New Delhi, Dec 1 Azim Hasham Premji-led Wipro Enterprises has said its consolidated revenue from operations increased 9.8 per cent to ₹16,902 crore in the financial year ended March 2024 while its profit jumped 35 per cent to ₹1,903.1 crore According to an RoC filing, its total income, including other income, stood at ₹17,761.3 crore in FY24, up 11.2 per …

Wipro Q1 Results 2024 LIVE: Net Profit Up 4.6% YoY To Rs 3,003.2 Crore; Revenue Falls 3.8%
8 months ago

Wipro Q1 Results 2024 LIVE: Net Profit Up 4.6% YoY To Rs 3,003.2 Crore; Revenue Falls 3.8%

News 18  

IT major Wipro on Friday declared its Q1 FY25 financial results. The IT major has posted a consolidated net profit of Rs 3,003.2 crore for the June 2024 quarter, a rise of 4.63 per cent year-on-year. Wipro Outlook for Q3 On the outlook, Wipro expects revenue from its IT services business segment to be in the range of $2,600 million …

More job losses? 10,000 freshers from major IT firms Infosys, Wipro and TCS await onboarding: Report
9 months, 1 week ago

More job losses? 10,000 freshers from major IT firms Infosys, Wipro and TCS await onboarding: Report

Live Mint  

India's major IT sector is causing major onboarding delay issues for freshers. The IT employee union Nascent Information Technology Employees Senate data revealed that at least 10,000 freshers who were offered jobs in the past two years have not yet been onboarded by IT companies, Times of India reported. As per the report, Harpreet Singh Saluja, the President of the …

IT majors like Infosys, Wipro, TCS leave 10,000 freshers in limbo as onboarding deferred
9 months, 1 week ago

IT majors like Infosys, Wipro, TCS leave 10,000 freshers in limbo as onboarding deferred

Hindustan Times  

Indian IT firms like Infosys, Wipro and TCS have been reportedly deferring the onboarding of freshers owing to which many are left in flux as they do not have definite joining dates. A Times of India report cited data from the IT employee union Nascent Information Technology Employees Senate which showed that India’s leading IT firms delayed the onboarding of …

Wipro Q4 net profit falls 7.8% to ₹2,835 cr; new CEO flags uncertainty in macro environment
11 months ago

Wipro Q4 net profit falls 7.8% to ₹2,835 cr; new CEO flags uncertainty in macro environment

Hindustan Times  

Bengaluru, IT service company Wipro on Friday reported 7.8 per cent year-on-year decline in its consolidated net profit for the March quarter to about ₹2834.6 crore, and cautioned that the macroeconomic environment remains "uncertain". Wipro Q4 net profit falls 7.8% to ₹ 2,835 cr; new CEO flags uncertainty in macro environment The Bengaluru-headquartered company, which recently saw a change of …

Wipro Q4 Results: Large TCV up 9.5% YoY, Q1FY25 revenue guidance pegged at -1.5 to 0.5%; 5 key highlights
11 months ago

Wipro Q4 Results: Large TCV up 9.5% YoY, Q1FY25 revenue guidance pegged at -1.5 to 0.5%; 5 key highlights

Live Mint  

Wipro Q4 Results: Wipro announced its January-March quarter results for fiscal 2023-24 on Friday, April 19, reporting a decline of eight per cent in consolidated net profit at ₹2,835 crore. India's fourth-largest software services company's revenue from operations for the March quarter also dropped four per cent year-on-year to ₹22,208.3 crore. Follow Wipro Q4 Results Live Updates: IT major posts …

Wipro dividend: IT major announces interim dividend, know details
11 months ago

Wipro dividend: IT major announces interim dividend, know details

Live Mint  

Wipro dividend announcement: The interim dividend of ₹1 declared by the Wipro board on 12 January, 2024 has shall be considered as the final dividend for FY24, said the IT major while announcing its FY24 results on Friday. “The Board of Directors confirmed the interim dividend of ₹1 declared by the Board earlier at its meeting held on January 12th, …

Wipro Q4 Results: Net Profit Falls 8% YoY To Rs 2,835 Crore, Revenue Slips; Headcount Drops 9.5%
11 months ago

Wipro Q4 Results: Net Profit Falls 8% YoY To Rs 2,835 Crore, Revenue Slips; Headcount Drops 9.5%

News 18  

IT major Wipro on April 19 reported an 8 per cent year-on-year decline in its net profit to Rs 2,835 crore for the March 2024 quarter. In dollar terms, Wipro’s IT services revenue during Q4 FY24 stood at $2,657.4 million, an increase of 0.1 per cent QoQ and a decrease of 6.4 per cent YoY, according to a regulatory filing. …

Wipro Q4 Results Today: Net Profit, Revenue May Decline Amid Weak Discretionary Spending
11 months ago

Wipro Q4 Results Today: Net Profit, Revenue May Decline Amid Weak Discretionary Spending

News 18  

After TCS and Infosys, another IT major Wipro is set to announce its Q4 financial earnings on April 19. According to analysts, Wipro’s net profit in the January-March 2024 quarter is likely to have declined by 8-10 per cent to Rs 2,778 crore-Rs 2,829 crore. Analysts at brokerage houses expect Wipro’s revenue to decline 4-5 per cent YoY to remain …

Wipro plans to cut hundreds of mid-level onsite job roles
1 year, 1 month ago

Wipro plans to cut hundreds of mid-level onsite job roles

New Indian Express  

NEW DELHI: Wipro is reportedly planning to cut hundreds of mid-level roles at its onsite locations. In 2021, Wipro acquired Capco, a global management and technology consultancy to the banking and financial services industry, for $1.45 billion. When asked about the proposed lay-offs, in a statement to TNIE, Wipro said, “We are committed to investing in our people, processes, and …

Wipro market cap over ₹2.61 lakh crore after Q3 results; shares jumps 14%
1 year, 2 months ago

Wipro market cap over ₹2.61 lakh crore after Q3 results; shares jumps 14%

Hindustan Times  

As the quarterly result season is here once again, IT and tech companies are rallying on the stock market, with global firm Wipro being the top gainer on Monday. On Monday, the first market session after the IT firm's quarterly results were posted, Wipro recorded a spike of 14 percent in its share prices, with its overall market cap jumping …

Wipro surges over 13 per cent despite 12 per cent decline in Q3 profit YoY
1 year, 2 months ago

Wipro surges over 13 per cent despite 12 per cent decline in Q3 profit YoY

India TV News  

Wipro shares rose over 13 per cent in early trading on Monday, reaching a 52-week high of Rs 529, despite the company reporting weaker-than-expected results for the third quarter. The primary reason for the rise in Wipro's shares can be attributed to a 17 per cent surge in its American Depository Receipts. The company's trajectory is perceived as recovering after …

Wipro reports Q3 revenue from ops at ₹22,205 crore
1 year, 2 months ago

Wipro reports Q3 revenue from ops at ₹22,205 crore

Hindustan Times  

Wipro Q3 Results: Wipro, India's fourth-largest IT services provider, reported a better-than-expected third-quarter revenue and said fourth-quarter dollar revenue at its largest business could fall by 1.5% at worst or grow by 0.5% at best. Revenue from operations for the quarter ended Dec. 31 fell 4.4% from the previous year to 222.05 billion rupees, but beat analysts' average estimate of …

Wipro Q3 profit declines 12 per cent YoY to Rs 2,694 crore, revenue falls over 4 per cent
1 year, 2 months ago

Wipro Q3 profit declines 12 per cent YoY to Rs 2,694 crore, revenue falls over 4 per cent

India TV News  

Wipro reported a 12 percent year-on-year decline in net profit at Rs 2,694 crore for the third quarter of the current financial year. Revenue from IT business The company's revenue from its IT business declined by 1.1 per cent to Rs 22,151 crore. On Thursday, Tata Consultancy Services posted an 8.2 per cent growth in net income for the third …

Bad news! Wipro makes big announcement for its employees with higher salary - DEETS HERE
1 year, 4 months ago

Bad news! Wipro makes big announcement for its employees with higher salary - DEETS HERE

India TV News  

Wipro makes big announcement for its employees with higher salary - DEETS HERE Here comes bad news for Wipro employees as the tech giant might not give salary hikes to "top performers with higher compensation. " Amid layoff and cost-cutting measures, Wipro is reportedly mulling to not give salary hikes to 'top performers with higher compensation'. Though an official confirmation …

Wipro Q2 Results: Net Profit Remains Flat At Rs 2,667 Crore; Headcount Dips
1 year, 5 months ago

Wipro Q2 Results: Net Profit Remains Flat At Rs 2,667 Crore; Headcount Dips

ABP News  

Indian IT firm Wipro on Wednesday reported almost flat growth in consolidated net profit at Rs 2,667.3 crore for the September 2023 quarter and projected a 3.5 per cent fall in revenue in the current quarter on a weak global economic outlook. Wipro's lower IT services growth estimate for the December 2023 quarter by 3.5-1.5 per cent is in the …

Wipro investors and their many worries
1 year, 8 months ago

Wipro investors and their many worries

Live Mint  

The June quarter earnings season began on a sombre note with large-caps Tata Consultancy Services Ltd and HCL Technologies Ltd reporting subdued numbers. “Wipro’s growth underperformance to peers is due to the higher mix of consulting services and steeper impact from discretionary projects in BFSI and Telecom verticals," pointed out a HDFC Securities Ltd report. To its credit, Wipro’s seemingly …

Wipro earns cons PAT of ₹2,870 cr in Q1, up by 12% YoY; misses estimates
1 year, 8 months ago

Wipro earns cons PAT of ₹2,870 cr in Q1, up by 12% YoY; misses estimates

Live Mint  

Wipro Q1 results: Azim Premji-backed Wipro missed street estimates in the quarter ending June 30, 2023 period. Wipro said despite a gradual reduction in clients’ discretionary spending, it maintained its new business momentum. Further, Wipro's IT services segment revenue saw a gradual rise of 0.8% YoY in dollar terms to $2,778.5 million. The tech major's non-GAAP constant currency IT Services …

Wipro sets record date for buyback offer, check details here
1 year, 9 months ago

Wipro sets record date for buyback offer, check details here

Live Mint  

IT major Wipro Ltd has set June 16, 2023 as the record date for the whopping ₹12,000 crore buyback plan. “The Company has fixed Friday, June 16, 2023 as the Record Date for the purpose of determining the entitlement and the names of equity shareholders who are eligible to participate in the buyback,” said Wipro in its filing. The IT …

Wipro CFO talks about reducing salaries by 50 percent, says freshers wanted fast onboarding over higher pay
1 year, 10 months ago

Wipro CFO talks about reducing salaries by 50 percent, says freshers wanted fast onboarding over higher pay

India Today  

Wipro made headlines in February when it decided to slash freshers' job offers by almost 50 percent. Wipro CFO talks about company slashing freshers' salary And now, in an interview with the Economic Times, Wipro's Chief Financial Officer, Jatin Dalal has revealed that 92 percent of freshers decided to join the company at the low salary offer in order to …

Wipro Q4 net profit dips marginally; board approves ₹12k cr share buyback
1 year, 10 months ago

Wipro Q4 net profit dips marginally; board approves ₹12k cr share buyback

The Hindu  

IT major Wipro on April 27 reported a marginal year-on-year decline of 0.4% in net profit to ₹3,074.5 crore for the fourth quarter ended March 2023 and announced a share buyback of up to ₹12,000 crore. The Wipro board approved the buyback of 26.96 crore equity shares at a price of ₹445 apiece. “Board.of Wipro.has approved a proposal to buyback …

TCS onboards 44,000 freshers in FY23, honors all job offers
1 year, 11 months ago

TCS onboards 44,000 freshers in FY23, honors all job offers

Live Mint  

IT major Tata Consultancy Services says it onboarded over 44,000 freshers and its highest-ever number of experienced professionals. Tata Consultancy Services maintained that it looks to make 40,000 campus offers to freshers in the FY2023-2024 amid worries of a slowdown in hiring in the tech sector. TCS has made a net addition of 821 in its employees' headcount for the …

Over 1,800 freshers in jobs limbo as firms delay onboarding
1 year, 11 months ago

Over 1,800 freshers in jobs limbo as firms delay onboarding

Live Mint  

The latest survey has revealed that more than 1,800 freshers, recruited by top MNCs during campus placements, have been waiting for almost a year to be onboarded. Besides, the survey highlighted job-related issues faced by freshers such as delays in onboarding after getting an offer and cancellation of offers among others. Last month Livemint reported that many engineering students from …

After cutting freshers pay by 50 per cent, Wipro sacks hundreds of employees: details here
2 years ago

After cutting freshers pay by 50 per cent, Wipro sacks hundreds of employees: details here

India Today  

The last couple of months have been quite stressful for techies as companies like Amazon, Meta, Google, Microsoft, Wipro and others announced large-scale layoffs. Tech giant Wipro announced that it will be slashing freshers' job offers by almost 50 per cent last month. And now, the company has laid off at least 120 employees in Florida, United States, citing 'realignment …

Wipro cuts freshers pay by 50 per cent, offers salary package of Rs 3.5 lakh per year
2 years, 1 month ago

Wipro cuts freshers pay by 50 per cent, offers salary package of Rs 3.5 lakh per year

India Today  

Wipro is slashing salary offers of fresh recruiters after promising them high annual pay. The tech company initially promised to pay an annual package of Rs 6.5 lakh to freshers that successfully completed their training at Wipro. The email, which has been obtained by Business Standard, mentions that Wipro will now only be able to pay annual package of Rs …

Wipro sacks 452 freshers for under performance: Report
2 years, 2 months ago

Wipro sacks 452 freshers for under performance: Report

Hindustan Times  

As the Covid bubble bursts, companies around the world have resorted to layoff drives to restructure their businesses and downsize their workforce. Wipro reportedly fired 452 freshers due to poor performance. According to a report in Business Standard, Wipro spokesperson said that the company has fired 452 freshers because even after training, these employees consistently underperformed. A report from Business …

Wipro's Q3 profit up 2.8% year on year to ₹3,053 crore; revenue up by 14%
2 years, 2 months ago

Wipro's Q3 profit up 2.8% year on year to ₹3,053 crore; revenue up by 14%

Hindustan Times  

Indian IT services firm Wipro reported a bigger-than-expected profit for the third quarter on Friday, boosted by a strong deal pipeline. Wipro Q3 results The Bengaluru-based company's net profit rose 2.8% to ₹30.53 billion for the quarter ended December 31. Wipro forecast revenue growth from the IT services business for the year ending March 2023 in the range of 11.5% …

Wipro Q2 results: Will the IT giant improve profitability YoY? Key highlights
2 years, 5 months ago

Wipro Q2 results: Will the IT giant improve profitability YoY? Key highlights

Live Mint  

Ahead of its Q2 earnings, IT-major Wipro shares were under pressure on Tuesday. Sameer Pardikar and Sujay Chavan Research Analysts at ICICI Direct in their Q2 preview report for Wipro said, "We expect the company to report 4% QoQ CC growth in revenues in IT services. ICICI Direct analysts expect Wipro to report a revenue of ₹22,722.2 crore up by …

IT Hiring Likely To Be Cut By 20% In Next Financial Year 2023-24, Says Report
2 years, 5 months ago

IT Hiring Likely To Be Cut By 20% In Next Financial Year 2023-24, Says Report

News 18  

After a hiring boom in the software services sector during the pandemic, companies are likely to cut campus and entry-level hiring by as much as 20 per cent in the next financial year 2023-24, according to a livemint report. In the June 2022 quarter, TCS’ attrition rate stood at 19.7 per cent on a last twelve-month basis. The attrition rate …

TCS, Wipro, HCL Tech: All You Need To Know About Attrition, Salary Hikes And WFH
2 years, 7 months ago

TCS, Wipro, HCL Tech: All You Need To Know About Attrition, Salary Hikes And WFH

News 18  

The high attrition rate in the information technology sector continues to be an issue and the companies, like India’s largest IT services company Tata Consultancy Services, Wipro and HCL Tech, are taking steps such as raising salaries giving the option of remote working to retain the talent. Attrition Rates Of IT Firms TCS’ attrition rate stood at 19.7 per cent …

Wipro shares trade near 52-week low on disappointing Q1. What brokerages suggest
2 years, 8 months ago

Wipro shares trade near 52-week low on disappointing Q1. What brokerages suggest

Live Mint  

Shares of Wipro Ltd plunged more than 2% in Thursday's opening deals, trading near its 52-week low level after the company missed analyst estimates for June-quarter profit on Wednesday, as higher employee-related costs pushed up the information technology services firm's overall expenses. Wipro forecast higher revenue growth from IT services on the back of a strong project pipeline, and said …

Wipro posts upbeat Q2 guidance at 3-5%; Q1 net profit down 21%
2 years, 8 months ago

Wipro posts upbeat Q2 guidance at 3-5%; Q1 net profit down 21%

Live Mint  

Wipro Ltd expects revenue for the quarter ended September to be in the range of $2.81-2.87 billion, translating to a sequential growth of 3-5%, faster than the 1-3% it had forecast for the June quarter. The company’s net profit for the June quarter declined 20.7% to ₹2,563 crore from ₹3,232 crore in the year-ago period because of a higher base …

Quarterly promotions, salary hikes - Wipro’s game plan to retain employees
2 years, 8 months ago

Quarterly promotions, salary hikes - Wipro’s game plan to retain employees

Live Mint  

Indian IT service provider Wipro recently announced offering promotions starting to its employees every quarter starting July this year, and also salary hikes from next month, in a step to retain its talent as attrition rates continue to be high. The quarterly promotions have been effective this month and also salary increases for those eligible in September 2022,” said Wipro …

Wipro hires 15,446 employees in Q1, attrition rate inches lower to 23.3%
2 years, 8 months ago

Wipro hires 15,446 employees in Q1, attrition rate inches lower to 23.3%

Live Mint  

Wipro has made one of the highest hiring in the June 30, 2022 quarter compared to its peers like TCS and HCL Tech. As of June 30, 2022, Wipro's employees headcount is 258,574 compared to 243,128 employees as of March 31, 2022. In Q1FY23, HCL Tech's total employees count stood at 210,966 rising by 2,089 employees from 208,877 count in …

Wipro Q1 Results: Profit Declines 21% YoY to Rs 2,563 Crore as Expenses Rise
2 years, 8 months ago

Wipro Q1 Results: Profit Declines 21% YoY to Rs 2,563 Crore as Expenses Rise

News 18  

Wipro Q1 Results: IT major Wipro on Wednesday reported its June quarter profit at Rs 2,563 crore, a dip of 20.9 per cent year-on-year. Wipro’s revenue for the quarter rose 17.9 per cent YoY to Rs 21,528.6 crore. The consolidated total revenue for the Bengaluru-based IT company rose 15.51 per cent on year to Rs 22,001 crore as compared to …

Wipro Q1 net profit tanks 21% to ₹2,563.6 cr, misses Street estimates
2 years, 8 months ago

Wipro Q1 net profit tanks 21% to ₹2,563.6 cr, misses Street estimates

Live Mint  

Wipro Q1 results: Information technology giant Wipro on Wednesday reported a 20.94% year-on-year dip in its consolidated profit after tax at ₹2,563.6 crore for the quarter ended June 2022. Wipro had posted a consolidated PAT of ₹3,242.6 crore in the same quarter last fiscal. On a sequential basis, the Bengaluru-based IT company's net profit fell 16.96% from ₹3,087 crore in …

Wipro to Offer Promotions Every Quarter, Offer Salary Hikes to Employees to Battle Attrition
2 years, 8 months ago

Wipro to Offer Promotions Every Quarter, Offer Salary Hikes to Employees to Battle Attrition

News 18  

In a bid to fight soaring attrition rates, Bengaluru-based software company Wipro Ltd. has planned to offer promotions to its employees every quarter, multiple reports have said recently. Wipro also plans to provide a salary hike of 10 per cent to most of its workforce in September, with the company’s top performers getting a salary hike of over 15 per …

Wipro windfall – promotions every quarter
2 years, 8 months ago

Wipro windfall – promotions every quarter

Live Mint  

Wipro Ltd is overhauling its employee bonuses and increments to rein in high attrition and attract fresh talent as India’s technology sector continues to see a covid-induced boom in hiring. India’s fourth-largest software services firm plans to offer employee promotions every quarter—a first for the Bengaluru-based company—and boost salaries of most of its workforce by 10% in September, with the …

Wipro CEO among highest paid in IT sector. How his pay compares with peers
2 years, 9 months ago

Wipro CEO among highest paid in IT sector. How his pay compares with peers

Live Mint  

Wipro Chief Executive Officer and Managing Director Thierry Delaporte's salary rose to a total of $10.51 million in FY22, as per the company's annual report filed with the US SEC, making him one of the highest paid executives in the Indian IT sector. Meanwhile, Wipro Chairman Rishad Premji received a total compensation of $1.82 million, while Jatin Pravinchandra Dalal received …

Wipro net profit rises to Rs 3,092 crore in Quarter 4
2 years, 10 months ago

Wipro net profit rises to Rs 3,092 crore in Quarter 4

Firstpost  

New Delhi: IT company Wipro on Friday posted a 4 per cent rise in consolidated profit at Rs 3,092.5 crore in the fourth quarter ended March 2022. Wipro’s consolidated revenue from operations during the reported quarter grew about 28 per cent to Rs 20,860 crore. For the year ended March 31, 2022, Wipro posted a 12.57 per cent increase in …

Wipro Q4 Results: Net Profit Rises 3.9% YoY to Rs 3,090 Crore; Revenue Up 28.5%
2 years, 10 months ago

Wipro Q4 Results: Net Profit Rises 3.9% YoY to Rs 3,090 Crore; Revenue Up 28.5%

News 18  

IT major Wipro on Friday reported a 3.9 per cent year-on-year jump in its net profit to Rs 3,090 crore for the March 2022 quarter. For the full financial year, Wipro’s net profit stood at Rs 12,220 crore in 2021-22, a jump of 13.2 per cent as compared to the previous year. Wipro CEO and Managing Director Thierry Delaporte said, …

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