Wipro Q3 net surges 24.5% on consulting boost, lower costs
However, revenue remained subdued due to furloughs and seasonal weakness meeting its guidance, rising marginally by 0.1% YoY to Rs 22,318 crore from Rs 22,205 crore in December quarter 2023-24.
Wipro, Tech Mahindra revenue shrinks in Q3
Both Wipro and Tech Mahindra have reported a revenue decline in the April-December 2024 period. While Wipro’s revenue declined 4.15% from the year-ago period to $7.78 billion, Tech Mahindra’s revenue dropped 0.3% to $4.72 billion.
India's Wipro banks on better 2025 after beating Q3 estimates
By Haripriya Suresh and Sai Ishwarbharath B BENGALURU/MUMBAI (Reuters) -India's No. 4 IT services provider Wipro beat third-quarter estimates for revenue and profit on Friday, and its CEO hoped for a better year after facing macroeconomic challenges in 2024.
Wipro Defies Challenges with Strong Q3 Growth
Wipro posted a 24.4% year-on-year rise in net profit for Q3 FY25, despite challenges in the IT sector. The Bengaluru company sees hopeful prospects for 2025, amidst cautious optimism from clients and ongoing macroeconomic challenges.
Wipro beats estimates, profit up 4.5% to Rs 3,354 crore
Wipro's headcount decreased by 1,157 in Q3, reversing two consecutive quarters of employee additions, taking the total headcount to 2,32,732 employees at the end of the quarter.
India's Wipro beats Q3 revenue estimates
Wipro, India's fourth-largest IT services company, reported higher-than-expected third-quarter revenue on Friday, helped by positive momentum in its banking, financial services, and insurance (BFSI) vertical and in the Americas geography.
India's Wipro Beats Q3 Revenue Estimate
BENGALURU/MUMBAI (Reuters) - Wipro, India's fourth-largest IT services company, reported higher-than-expected third-quarter revenue on Friday, helped by positive momentum in its banking, financial services, and insurance (BFSI) vertical and in the Americas geography.
Wipro's Q3 revenue falls nearly 1%
Wipro's revenue dropped 0.7% year-on-year in the Dec quarter but met its guidance, with a forecasted growth of -2% to 0% for the next quarter. The company reported a positive outlook with increasing AI spending,
Wipro Q3 net profit rises 4.5% QoQ to Rs 3,354 crore, beats estimates
Wipro Ltd reported a 4.5 percent quarter-on-quarter increase in consolidated net profit to Rs 3,354 crore for the quarter ended December 31, 2024, surpassing analysts’ expectations. The IT major's Q3 FY25 revenue remained flat at Rs 22,
We will hire 10,000-12,000 from campuses in FY26, says Wipro
On concerns about revoking fresher offers issued to 2022 batch engineering graduates, Govil said the move was necessitated by ...
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Wipro Reports Significant Profit Rise Despite Seasonal Challenges
Wipro, a leading IT services company, reported a notable 24.4% year-on-year increase in consolidated net profit for the ...
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Q3 a mixed bag for IT majors
Wipro reported a minor revenue uptick, surpassing expectations due to strong demand in the Americas and the BFSI sector.
Wipro client numbers drop due to weak discretionary spending, Q3 furloughs
In Q3, the company’s customer base from the over $100 million through over $1 million bracket stood at 1,806, down from 1,837 ...
Wipro Q3 attrition rate rises to 15.3%; headcount down 1,157 to 2,32,732 employees
Wipro announced its third-quarter results on January 17. The IT major’s attrition rate rises to 15.3%, as the headcount drops to 2.32 lakh employees in the Q3 results. Shares closed lower ahead of ...
1WIT : Wipro Q3 Earnings: 24.5% Profit Jump, IT Services Margins Hit 12-Quarter High...
Wipro Ltd reported Q3 revenue of 223.2 billion rupees, missing analyst estimate. EPS beat estimate. IT services revenue ...
Wipro's Shareholders Receive BIG Reward With Rs 6 Interim Dividend Per Share: Check Record Date
Wipro’s declaration of an interim dividend of Rs 6 per share adds investor allure as the IT giant reports a 24 per cent ...