Wipro may see a revenues in the range of Rs 22,195 crore to Rs 22,409 crore for Q1, a fall 1-3 per cent year-on-year (YoY)
Lab45 is Wipro's innovation lab and the Lab45 AI platform is available to all Wipro employees and clients
Wipro's communication vertical declined 14.7 per cent year-on-year and contributed 4.2 per cent to the total revenue as of FY24
Stocks to Watch on Monday, April 22, 2024: Reliance Industries, Rallis India, Mahindra Logistics, Hatsun Agro Product, and Tejas Networks will announce their March quarter earnings today
FY25 Q1 revenue growth forecast at -1.5 to +0.5%
Wipro's shares closed at Rs 452.85 on Friday ahead of its financial results
According to brokerage estimates, Wipro is likely to report a net profit in the range of Rs 2,778 crore to Rs 2,829 crore for the fourth quarter, down 8-10 per cent year on year (YoY)
'Most client conversations are about cost-saving efforts and there is a conversation every time about AI,' Suzanne Dann said in an interview at the World Economic Forum in Davos, Switzerland
Closing Bell on January 15, 2024: Shares of Wipro surged 14 per cent intraday, before closing 6 per cent higher, as the company beat profit estimates in its third quarter results (Q3FY24)
The commentary on higher deal wins in the Consulting vertical indicates that the drag from that segment is now bottoming out, which should help improve overall growth, as per Motilal Oswal Securities
Wipro Q3 results: The shares of the company had risen over 4 per cent in anticipation of the results on Friday
Thierry Delaporte, chief executive officer and managing director, Wipro, talks about the demand environment, large deals pipeline, and acquisition strategy in an interview with Ayushman Baruah
Wipro Q2 results review: The stock took a hit and fell up to 4 per cent intra-day as brokerages lowered earnings estimates and trimmed price targets
The operating margin expanded 100 basis points to 16.1 per cent in the second quarter from 15.1 per cent in the year-ago period
Closing Bell on Wednesday, October 18, 2023: Brent crude futures jumped 3 per cent after Iran called for sanctions and oil embargo against Israel
For Wipro, the long-term outlook is expected to improve as demand is set to get back on track as well as investment in Automation and Gen AI based products & solutions will aid growth, analyst said
On Friday, the stock traded flat at the bourses, in line with the benchmarks, rising a modest 0.2 per cent to Rs 395 levels
Wipro Q1FY24 preview: According to brokerages, revenue volatility is likely to keep Ebit (earnings before interest and tax) margins range-bound in Q1FY24, pegged between 15.5-16.1 per cent
Net profit for the full year FY23 dipped 7.16 per cent to Rs 11,366.50 crore
Wipro Q4FY23 preview: As per an average of brokerage estimates, the company could report an average of Rs 23,586 crore of revenue, up 12-13.2 per cent year-on-year (YoY)