CEO Srinivas Palia blames tariff war and macro woes for revenue slide
Voluntary attrition rose to 15 per cent from 14.2 per cent a year earlier
India's fourth largest software company continues to underperform compared to peers
As per the management, client spends deteriorated toward the end of Q4, and Q1 could see further impact.
Wipro Q4 FY25 result: The interim dividend of ₹6, declared by the Board in January will be considered as the final dividend for FY25
Q4 FY25 results today, April 16: Wipro, Angel One, and Reliance Infra to release earning report for the January-March quarter
Wipro's current combination of a favourable portfolio mix, new CEO ushering in positive momentum, strong margin performance and inexpensive valuations make for an attractive risk-reward profile
Wipro's Q3FY25 net profit rose 24.5 per cent Y-o-Y to Rs 3,350 crore, with a 4.5 per cent Q-o-Q increase. Revenue was Rs 22,320 crore, up 0.5 per cent Y-o-Y and flat Q-o-Q
Stock Market Highlights, January 20, 2025: Indian markets closed on a positive note on Monday with the 30-share Sensex gaining 454 points or 0.59 per cent to settle at 77,378.91
Wipro beat third-quarter profit estimates and forecast revenue in the current quarter could increase sequentially by up to 1 per cent, compared with no growth last quarter
Revenue for the March quarter was marginally up by 0.5 per cent from the year-ago period to Rs 22,320 crore
Wipro Q3FY25 results: The Company has declared an interim dividend of Rs 6 per equity share with a face value of Rs 2 each
Market LIVE: Markets in India are likely to open on a cautious note today, following mixed global cues as investors focus on companies reporting December quarter results
According to Motilal Oswal Financial Services, Infosys and LTIMindtree, both companies with a high discretionary tilt, have provided a more cautious view on discretionary-spend recovery
At 6:35 AM, GIFT Nifty futures indicated a weaker start for the markets, trading 56 points lower at 23,321.5
Wipro's Q3 performance is expected to reflect seasonal furlough impacts, client-specific challenges, and currency headwinds
Azim Hasham Premji-led Wipro Enterprises has said its consolidated revenue from operations increased 9.8 per cent to Rs 16,902 crore in the financial year ended March 2024 while its profit jumped 35 per cent to Rs 1,903.1 crore According to an RoC (Registrar of Companies) filing, its total income, including other income, stood at Rs 17,761.3 crore in FY24, up 11.2 per cent from FY23 figure. Wipro Enterprises Pvt Ltd had reported a revenue from operations of Rs 15,387.8 crore and a profit of Rs 1,410.1 crore a year before in FY23, according to financial data accessed through business intelligence platform Tofler. As of March 31, 2024, Azim H Premji held 77.65 per cent stake in the company and the rest 21.84 per cent was owned by the Azim Premji Trust. Wipro Enterprises is primarily engaged in the business of consumer care and home care products, food business, hydraulics, aerospace components, domestic and institutional lighting, commercial solutions, additive manufacturing, and ...
In Q2FY25, Wipro reported a consolidated profit attributable to owners of Rs 3,208.8 crore, marking a 6.85 per cent increase quarter-on-quarter (Q-o-Q) from Rs 3,003.2 crore in Q1FY25.
At 6:30 AM, GIFT Nifty Futures were trading about 103 points lower at 24,741, suggesting a gap-down start for Indian markets.
Revenue for the March quarter was marginally down by 1 per cent from the year-ago period to Rs 22,300 crore