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India's Infosys, Wipro top Q2 revenue estimates
India's Infosys, Wipro top Q2 revenue estimates as spending revives
(Reuters) -Indian software services providers Infosys and Wipro topped quarterly revenue estimates as their mainstay financial industry clients boosted spending. After over a year of curtailed spending due to economic uncertainty and high borrowing costs,
Wipro Q2 Results: Banger Quarter, Consolidated PAT Climbs 21.3% YoY To Rs 3,209 Crore, Beats Estimates
The companys total bookings were at t $3,561 million in the quarter under review. Among these, large deal bookings were at $1,489 million, an increase of 28.8% QoQ and 16.8% YoY in constant currency.
Wipro Q2 FY25 results: Profit jumps 21% to Rs 3,209 crore; revenue slips
During Q2 FY25, profit came at Rs 3,208.8 crore as against Rs 2,646.3 crore in the year-ago period. However, Wipro's revenue from operations fell 0.95 per cent (YoY) to Rs 22,301.6 crore from Rs 22,515.
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
Revenue from operations for the quarter was Rs 22,302 crore, slightly down from Rs 22,516 crore in the same quarter last year. However, the figure exceeded Street estimates of Rs 16,481 crore.
Wipro Bonus Share News
Wipro Bonus Issue: IT major's board recommend issuance of 1:1 bonus share - Check Details
Meanwhile, the company has reported a 21 per cent rise in the net profit for Q2FY25. Net profit of the company increased from Rs 2646 crore to Rs 3209 crore for the September quarter (YoY).
Wipro Q2 results: IT firm announces 1:1 bonus share issue for shareholders
Wipro reported a 21% increase in net profit, reaching Rs 3,209 crore for the quarter ending in September, compared to Rs 2,646 crore in the same period last year.
Wipro board announces 1:1 bonus share issue
Shareholders with company shares in their demat accounts on the record date will receive an additional share as a bonus. The record date for this has not yet been announced.
devdiscourse
15m
Wipro Pledges to Resolve Recruitment Backlogs by Year-End
IT giant Wipro plans to resolve all recruitment backlogs by the year's end, as stated by CHRO Saurabh Govil. Amid industry ...
cnbctv18
1h
Wipro Hiring 2024: IT major sees net reduction of 502 employees in Q2, attrition rate rises
Wipro, the IT services major, has reported a net decline in its workforce for the July to September 2024 period, shedding 502 ...
6m
on MSN
Top events on October 17: Wipro Q2 results, Nayab Saini’s oath taking as Haryana CM, Mumbai Airport shutdown, more
On October 17, BJP leader Nayab Singh Saini will be sworn in as Haryana Chief Minister, Mumbai Airport will be closed from 11 ...
1h
Wipro’s headcount increases by 978 in Q2FY25
This comes at a time when Wipro is reassessing its lateral and campus hiring models to focus on improving utilisation rate of ...
devdiscourse
1h
Wipro's Profit Surges with Record Bookings Despite Revenue Dip
Wipro Limited reported a 21% increase in net profit for the second quarter of FY25, reaching ₹3,209 crore, despite a decline ...
45m
on MSN
Wipro Q2 Results Preview: Revenue to drop 2% YoY, EBIT margin likely flat on wage hike impact; bonus issue eyed
D-Street analysts and domestic brokerages have estimated decent net profit growth for the leading IT major; however, margin and revenue are likely to be flat due to softer deals and the impact of the ...
Fortune India
2h
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 ...
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