Wipro fights its way back into the game
2 months, 1 week ago

Wipro fights its way back into the game

Live Mint  

The enthusiasm among investors is understood, considering the earnings pain Wipro has been through due to increased weakness in its discretionary portfolio and company-specific challenges. Cost optimization remains a key theme for Wipro, but the management expects significant growth in AI spending. Problem areas Though Wipro has seen a gradual recovery in its operational performance, weakness in select verticals and geographies would keep the top-line growth volatile. Within APMEA, Wipro has been pruning margin-dilutive engagements, leading to some revenue decline," said the Kotak Institutional Equities report on 18 January. While Wipro’s plans of campus recruitment of 10,000-12,000 freshers in FY26 also indicate growth acceleration, over a third of the portfolio remains stressed and that leakages in renewals still need to be plugged for Wipro to catch-up with peers on growth, said analysts at HDFC Securities.

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Wipro Q3 Results 2025: Profit Rises by 24.48% YOY to ₹3353.8 Crore
2 months, 1 week 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 …

Why Wipro share price may have a gap-up opening on Monday? EXPLAINED
2 months, 1 week ago

Why Wipro share price may have a gap-up opening on Monday? EXPLAINED

Live Mint  

Wipro share price: After the end of trading activity of the Indian stock market on Friday, Wipro declared its Q3 results 2025. After this significant upside in Wipro ADR price on NYSE, market experts expect a gap-up opening for Wirpo share price on Monday. Wipro share price target On what the technical chart suggests regarding Wipro's share price outlook, Anshul …

Wipro exceeds expectations with 24.4% rise in Q3 consolidated net profit
2 months, 1 week 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, 1 week 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, 1 week 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 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 share price jumps over 8% as Indian IT giant reports 24% YoY rise in net profit in Q3 results 2025
2 months, 1 week ago

Wipro share price jumps over 8% as Indian IT giant reports 24% YoY rise in net profit in Q3 results 2025

Live Mint  

Wipro share price jumped over 8% on Monday's session after the IT giant's strong Q3 Results. Wipro on Friday reported an 24.5% year-on-year rise in its consolidated net profit for the fiscal's third quarter ended December to ₹3,353.8 crore. Wipro share price today Wipro share price today opened at ₹300 apiece on the BSE, the stock touched an intraday high …

Q3 results today: Wipro, Jio Financial, Tech Mahindra among 40 companies to declare earnings on January 17
2 months, 2 weeks ago

Q3 results today: Wipro, Jio Financial, Tech Mahindra among 40 companies to declare earnings on January 17

Live Mint  

Q3 results today: Several companies, including Wipro, Aether and Tech Mahindra are scheduled to declare their December quarter earnings today, January 17. Q3 results today Companies including 5Paisa, Aether, amal, Atlas Cycle, Concord Enviro Systems, Conticon, Delta Industrial Resources, Excel Realty N Infra, Ganesh Housing Corporation, Golden Legand Leasing & Finance, Gujarat Hotels, ICICI Lombard General Insurance Company, Indian Hotels …

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 Share Price Today on 26-11-2024: Wipro share price are up by 0.16%, Nifty up by 0.04%
4 months ago

Wipro Share Price Today on 26-11-2024: Wipro share price are up by 0.16%, Nifty up by 0.04%

Live Mint  

Wipro Share Price Today on 26-11-2024: At 26 Nov 11:11 today, Wipro shares are trading at price ₹583.7, 0.16% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Wipro Share Price Today on 25-11-2024: Wipro share price are up by 1.59%, Nifty up by 1.7%
4 months ago

Wipro Share Price Today on 25-11-2024: Wipro share price are up by 1.59%, Nifty up by 1.7%

Live Mint  

Wipro Share Price Today on 25-11-2024: At 25 Nov 11:06 today, Wipro shares are trading at price ₹580.5, 1.59% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Wipro Share Price Today on 12-11-2024: Wipro share price are down by -0.32%, Nifty down by -1.07%
4 months, 2 weeks ago

Wipro Share Price Today on 12-11-2024: Wipro share price are down by -0.32%, Nifty down by -1.07%

Live Mint  

Wipro Share Price Today on 12-11-2024: At 12 Nov 16:01 today, Wipro shares are trading at price ₹570.4, -0.32% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Wipro Stock Price Today: Up 2.13%, Nifty Down 0.05%
Trending News
5 months ago

Wipro Stock Price Today: Up 2.13%, Nifty Down 0.05%

Live Mint  

Wipro shares are trading up by 2.13% today, with the stock price closing at ₹574.15. The company's share price has been trading within a range of ₹561.5 to ₹578.55 throughout the day, indicating a bullish trend. The company's fundamentals, including a ROE of 14.43%, a P/E of 25.08, and a P/B of 3.59, suggest a potential upmove. However, the company's …

Wipro Stock Price Today: Up 2.13%, Nifty Down by -0.05%
5 months ago

Wipro Stock Price Today: Up 2.13%, Nifty Down by -0.05%

Live Mint  

Wipro shares are trading up by 2.13% today, with the stock price closing at ₹574.15. The company's share price has been trading within a range of ₹561.5 to ₹578.55 throughout the day, indicating a bullish trend. The company's fundamentals, including a ROE of 14.43%, a P/E of 25.08, and a P/B of 3.59, suggest a potential upmove. However, the company's …

Wipro Share Price Today: Up 0.04%, Nifty Down by -0.18%
5 months ago

Wipro Share Price Today: Up 0.04%, Nifty Down by -0.18%

Live Mint  

Wipro share price is trading slightly up today, with a price change of 0.04%. The stock has hit a high of ₹563 and a low of ₹553.4 during the day, and is currently trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The …

Wipro Share Price Today: Up 0.28%, Nifty Down 0.15%
5 months, 1 week ago

Wipro Share Price Today: Up 0.28%, Nifty Down 0.15%

Live Mint  

Wipro shares are trading slightly up today, with the stock price increasing by 0.28%. The company's share price is currently trading at ₹547.15, with a high of ₹554.3 and a low of ₹542.25. The stock has also broken above the short-term simple moving averages of 5, 10, and 20 days, but it has fallen below the long-term moving averages of …

Wipro Q1 Results 2024 LIVE: Net Profit Up 4.6% YoY To Rs 3,003.2 Crore; Revenue Falls 3.8%
8 months, 1 week 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 …

Wipro Shares Gain Over 2% As Q4 Earnings Beat Expectations; Should You Buy, Sell Or Hold?
11 months, 1 week ago

Wipro Shares Gain Over 2% As Q4 Earnings Beat Expectations; Should You Buy, Sell Or Hold?

News 18  

Wipro shares gained over 2 per cent on Monday as investors reacted to the IT services firm’s fourth-quarter results, which was better than what market analysts expected. Wipro has beaten the Street estimates with a 5 per cent rise in net profit for the January-March quarter, but persisting cost-cutting measures, decline in headcount and a sluggish guidance for the next …

Wipro Q4 Results: Large TCV up 9.5% YoY, Q1FY25 revenue guidance pegged at -1.5 to 0.5%; 5 key highlights
11 months, 1 week 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, 1 week 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, 1 week 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, 1 week 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 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 …

Wipro share price falls 3% post Q2 results; what should investors do?
1 year, 5 months ago

Wipro share price falls 3% post Q2 results; what should investors do?

Live Mint  

Wipro share price declined 3 per cent to close at ₹395.20 on BSE on Thursday, October 19, a day after the IT company released its July-September quarter earnings. Wipro Q2 Results As Mint reported earlier, Wipro’s revenue in the fiscal second quarter totalled $2.71 billion, a 2.3 per cent sequential decline and a 3.7 per cent fall from the year-ago …

Wipro Q2 Results Today: Revenue May Decline QoQ, What Should You Watch Out For?
1 year, 5 months ago

Wipro Q2 Results Today: Revenue May Decline QoQ, What Should You Watch Out For?

News 18  

After TCS, Infosys and HCL Tech, another IT major Wipro is scheduled to release its financial results for the quarter that ended September 2023 on October 18, Wednesday. Brokerage firm Axis Securities in its report said, “We expect Wipro to report revenue de-growth of 0.5 per cent QoQ in rupee terms. For the July-September 2023 quarter, another brokerage firm IIFL …

Wipro Q2 earnings preview: Revenue may contract, margins outlook to be in focus
1 year, 5 months ago

Wipro Q2 earnings preview: Revenue may contract, margins outlook to be in focus

Live Mint  

Wipro's Q2FY24 earnings may come out on a softer note thanks to the prevailing adverse macroeconomic conditions in key markets. Let's take a look at what top brokerage firms expect from Wipro's Q2FY24 scorecard: Sharekhan by BNP Paribas Sharekhan believes Wipro may report a sequential decline of 0.4 per cent in revenue in CC terms, in line with Q2 guidance …

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 …

AI game to strategic investments: Key things that Wipro’s chairman said
1 year, 8 months ago

AI game to strategic investments: Key things that Wipro’s chairman said

Live Mint  

IT giant Wipro's chairman Rishad Premji said, the company is excited about the possibilities that AI brings and has been investing ahead of the curve to understand and leverage its power and to create multiple solutions for clients. Rishad revealed that for two years now, Wipro’s Generative AI Center of Excellence has conducted research with leading academic institutions, built accelerators …

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 …

Q1 results 2023: Wipro, Federal Bank, Unitech, others to declare earnings today
1 year, 8 months ago

Q1 results 2023: Wipro, Federal Bank, Unitech, others to declare earnings today

Live Mint  

Q1 results today: Quarterly results are one of the prominent events that stock market observers and investors remain highly vigilant because it gives them concrete fundamental cue about the financial condition of the listed entity. Wipro Ltd is set to declare Q1 results 2023 today but there are some more company results expected today and one should remain vigilant about …

Wipro Q4 net profit dips marginally; board approves ₹12k cr share buyback
1 year, 11 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 …

Wipro to consider share buyback proposal on 27 April
1 year, 11 months ago

Wipro to consider share buyback proposal on 27 April

Live Mint  

Wipro will be considering a proposal for the buyback of equity shares of the company this week. In its regulatory filing on Sunday, Wipro said, "the Board of Directors of the Company will be considering a proposal to buyback equity shares of the Company and the matters necessary and incidental thereto., at its meeting scheduled to be held over April …

Wipro’s margins, PAT upbeat in Q3: How stock is likely to react post quarter
2 years, 2 months ago

Wipro’s margins, PAT upbeat in Q3: How stock is likely to react post quarter

Live Mint  

Azim Premji-backed Wipro has announced its financial results for the third quarter ending December 31, 2022 period. On Wipro's financial performance, Veer Trivedi, Research Analyst, SAMCO Securities said, "Wipro reported slightly disappointing results when it comes to its top line. According to Emkay Global's first cut note, Wipro's revenue tad below estimates while margins beat estimates. Emkay's note said, "Wipro …

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% …

Contrasting Q2 stories of two tech giants of India
2 years, 5 months ago

Contrasting Q2 stories of two tech giants of India

Live Mint  

Information technology services provider Wipro Ltd’s stock closed 7% lower on Thursday. View Full Image Fall behind Small Indian cinemas take on big Hollywood studios Premium trumps regular in demand for consumer durables How to transfer shares from a demat account to another “Wipro’s turnaround story is faltering," said analysts at Ambit Capital Pvt. Third, “Overall Ebit margin has fallen …

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 …

Four top exits in a month shake Wipro
2 years, 6 months ago

Four top exits in a month shake Wipro

Live Mint  

BENGALURU : At Wipro Ltd, chief executive Thierry Delaporte is battling to build a stable leadership team amid concerns of sputtering growth and declining profitability, leading many to question if last year’s industry-leading growth was just a flash in the pan. At least four senior executives overseeing business in four countries have left Wipro in the last month, even as …

Wipro’s attrition eased in Q1, but there are other concerns
2 years, 8 months ago

Wipro’s attrition eased in Q1, but there are other concerns

Live Mint  

Shares of of tier-I IT services firm Wipro Ltd. traded flat in opening deals on Thursday on the National Stock Exchange, following the company's June quarter earnings, announced after market hours on Wednesday. Unlike many other peers, Wipro's last twelve months attrition fell 50bps sequentially to 23.3% and the management expects it to stabilise in the coming quarters. Analysts caution …

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 …

Wipro is not slowing down, says CEO Delaporte
2 years, 8 months ago

Wipro is not slowing down, says CEO Delaporte

Live Mint  

It's been two years since Thierry Delaporte took charge as the chief executive officer and managing director of Bengaluru-based Wipro Ltd. Subsequently, leading IT services firms posted robust growth, buoyed by high demand for digital and cloud computing services as clients scrambled to digitalize their operations. In an interview, Delaporte talks about the growth momentum, new markets, and key technologies …

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 share price dips 40% from 52-week high. Right time to accumulate?
2 years, 9 months ago

Wipro share price dips 40% from 52-week high. Right time to accumulate?

Live Mint  

Wipro share price: After surging to 52-week high in January 2022, Wipro shares have been under consolidation phase. Wipro share price today is ₹447.50 apiece, which is around 40 per cent lower from its 52-week high of ₹739.85 on NSE. Speaking on Wipro share price outlook, Tirthankar Das, Head of Technical Research at Ashika Group said, "Wipro share price continues …

Wipro net profit rises to Rs 3,092 crore in Quarter 4
2 years, 11 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 …

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