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Wipro posts 21% jump in net profit for Q2 of FY25
Wipro provided a weak revenue guidance for the third quarter, while managing to improve on its operating profit margins.
Wipro Q2 Results: Net Profit Rises 6%, Beats Estimates
IT firm Wipro Ltd. on Thursday posted a 6.2% sequential rise in its net profit to Rs 3,227 crore in the quarter ended Sept. 30, 2024, which is higher than the consensus estimate of Rs 3,009 crore shared by analysts tracked by Bloomberg.
India's Infosys, Wipro top Q2 revenue estimates as spending revives
After over a year of curtailed spending due to economic uncertainty and high borrowing costs, global banks are reviving projects they had on ice, raising hopes for the $254-billion Indian IT sector that gets about a third of its revenue from BFSI clients.
India's Wipro Beats Q2 Revenue Estimate
Wipro, India's fourth-largest software company, posted higher-than-expected second-quarter revenue on Thursday, helped by a revival in spending by its clients in the U.S. communications sector. The company's consolidated revenue fell 1% to 223.
Wipro Q2 Results: Cons PAT jumps 21% YoY to Rs 3,209 crore, beats estimates
Gross revenue stood at Rs 22,300 crore, marking a 1.5% increase quarter-on-quarter and a 1% decline year-on-year. IT services segment revenue reached $2,660.1 million, up 1.3% QoQ and down 2% YoY.
Wipro Q2: Net Profit Jumps 21% To ₹3,209 Cr, Beats Estimates
Wipro posted its earnings for the quarter ended September on Thursday evening after market close. What Happened: Wipro posted a consolidated net profit of ₹3,208.8 crore, a 21% jump from the ₹2,646 crore net profit posted in the same quarter last year.
8h
Wipro Q2 Earnings: IT Services Revenue Decline 2%, Proposes 1:1 Stock Bonus
Wipro Ltd (NYSE:WIT) stock slid after the company reported second-quarter results. The company reported gross revenue of ...
17h
on MSN
Wipro Q2 results, bonus issue today: Profit may rise 5-13%, sales may fall 1-2%
Axis Securities expects Wipro to report 5.5 per cent YoY rise in net profit at Rs 3,028 crore for the September quarter on ...
cnbctv18
11h
Wipro Q2 results: Constant currency revenue grows after six-quarter drop; Bonus declared
The board of Wipro has also announced the issue of bonus shares in the ratio 1:1 for its shareholders. Record date for the ...
Press Trust of India on MSN
5h
Wipro Q2 net profit climbs 21.2 per cent to Rs 3,208.8 cr; announces 1:1 bonus share
IT company Wipro on Thursday reported a 21.2 per cent increase in its consolidated net profit to Rs 3,208.8 crore for the ...
The Financial Express
2h
Infosys, Wipro see headcount rise in Q2
On the hiring front, Infosys said it plans to hire between 15,000 to 20,000 freshers in fiscal year 2025, while Wipro said it ...
Fortune India
10h
Wipro Q2 results: Net profit grows 21%, revenue down 1%; announces 1:1 bonus share
The consolidated revenue of Wipro dropped 1% YoY to ₹22,302 crore in Q2 FY25, from ₹22,543 crore in the corresponding period ...
7h
Wipro ADR slides 4% post Q2 results on lower guidance for December quarter
For the December quarter, Wipro expects IT Services revenue to range between $2,607 million and $2,660 million, implying a ...
7h
Wipro Q2 net profit rises 21% to ₹3,209 crore, board announces 1:1 bonus
Wipro Ltd, the IT major, reported second-quarter consolidated net profit grew 21% year-on-year to ₹3,208.8 crore as compared with ₹2,646.3 crore in the year ago period.
ET Now on MSN
9h
Wipro Q2 FY25 Highlights: Headcount declines; attrition rate highest in 5 quarters
Wipro reported a 21 per cent jump in its net profit to Rs 3,209 crore in the second quarter of the current fiscal, versus Rs ...
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