Wipro seeks shareholders’ nod for ₹10,500 crore share buyback plan
5 years, 10 months ago

Wipro seeks shareholders’ nod for ₹10,500 crore share buyback plan

Live Mint  

IT services major Wipro Thursday sought shareholders' nod for its up to ₹10,500 crore share buyback offer. The company also sought shareholders' approval for the appointment former SBI chairperson Arundhati Bhattacharya as an independent director on its board. In a BSE filing, the company said it is seeking shareholders' approval for buying back up to 32,30,76,923 fully paid-up equity shares of ₹2 each, representing up to 5.35 per cent of the total paid-up equity share capital of the company, at a price of ₹325 per scrip, for an aggregate amount of up to ₹10,500 crore. The company has fixed April 19, 2019 as record cut-off date for eligible shareholders for the buyback plan.

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History of this topic

Stocks to watch: Bharti Airtel, Wipro, Coforge, Dr Reddy’s, Vakrangee among shares to remain in focus today
Trending News
3 weeks, 3 days ago

Stocks to watch: Bharti Airtel, Wipro, Coforge, Dr Reddy’s, Vakrangee among shares to remain in focus today

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Waree Energies, Waree Renewable Technologies The company has secured an order from ABREL EPC, a fully-owned subsidiary of Aditya Birla Renewables, to supply solar modules for 410 MWp. On November 12, 2024, it signed a Share Purchase Agreement with Ghana Bottling Company to acquire full ownership …

Wipro’s latest big bet on startups! Wipro Ventres raises nearly ₹1,740 crore in fourth round of fundraise
3 weeks, 4 days ago

Wipro’s latest big bet on startups! Wipro Ventres raises nearly ₹1,740 crore in fourth round of fundraise

Live Mint  

IT major Wipro on Wednesday said it will invest USD 200 million in its arm Wipro Ventures to accelerate its funding for startups in the technology innovation space. This marks the fourth funding round for Wipro Ventures since it began operations ten years ago, and is aimed at speeding up investments in startups at the early to mid-stage level, a …

Wipro shares in focus ahead of record date for ₹6 interim dividend tomorrow
1 month, 3 weeks ago

Wipro shares in focus ahead of record date for ₹6 interim dividend tomorrow

Live Mint  

Dividend stocks: Shares of information technology major Wipro remain in focus on Monday, January 27 ahead of the record date for an interim dividend of ₹6 apiece on Tuesday. Wipro, along with financial results, announced an interim dividend of ₹6 per share on January 17, setting January 28 as the record date for the said dividend. "The Board of Directors …

Wipro fights its way back into the game
2 months 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 …

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 …

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 …

Why Wipro share price may have a gap-up opening on Monday? EXPLAINED
2 months 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 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 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 Q3 attrition rate rises to 15.3%; headcount down by 1,157 to 2,32,732 employees
2 months 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 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 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 …

Wipro bonus shares: Power of long-term investment! ₹10,000 turns to ₹5 lakh in 15 years
3 months, 2 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 shares down 50%? Here's why some apps are showing the wrong price
3 months, 2 weeks ago

Wipro shares down 50%? Here's why some apps are showing the wrong price

India Today  

Wipro shares saw an unusual 50% drop on some trading apps on Tuesday, causing confusion among investors. The apparent drop is a result of Wipro’s 1:1 bonus issue, which has adjusted the share price to reflect the increased number of shares in circulation. HOW BONUS ISSUES AFFECT SHARE PRICES A bonus issue increases the number of outstanding equity shares while …

Wipro Share Price Today on 26-11-2024: Wipro share price are up by 0.16%, Nifty up by 0.04%
3 months, 3 weeks 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%
3 months, 3 weeks 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, 1 week 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
4 months, 3 weeks 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%
4 months, 3 weeks 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%
4 months, 3 weeks 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 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 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 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 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 shares buzzing as leadership uncertain; Sanjay Jalona refuses association
1 year, 2 months ago

Wipro shares buzzing as leadership uncertain; Sanjay Jalona refuses association

Hindustan Times  

Wipro's stock experienced a decline on Tuesday of over a per cent, following a notable seven per cent surge on December 22. Sources, consisting of at least three individuals, told Moneycontrol that investors and analysts were actively discussing the possibility of Wipro recruiting former L&T Infotech CEO Sanjay Jalona. Sanjay Jalona's professional background includes a tenure at private equity firm …

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 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 …

Stocks to Buy: Why Tata Steel and Wipro look attractive for short term
1 year, 6 months ago

Stocks to Buy: Why Tata Steel and Wipro look attractive for short term

Live Mint  

Nifty has started the September series on a bullish note, as the index has moved above the 21EMA for the first time in several days. A successful breakout above this level is likely to trigger a fresh upward movement.The overall sentiment and undertone in the Bank Nifty Index remain bullish, as long as the mentioned support levels of 44,000 - …

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 …

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 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 …

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 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% …

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 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 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 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 …

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