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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 Q2FY25 results: Net profit rises 21% to Rs 3,201 cr, revenue down 1%
Bengaluru-based IT services major Wipro posted a net profit of Rs 3,201 crore for the second quarter of FY25, up 21.3 per cent from a year ago. Profit was up 6.8 per cent quarter-on-quarter (Q-o-Q).
India's Infosys Beats Q2 Revenue Estimates
Infosys, India's No.2 IT services exporter, beat second-quarter revenue estimates on Thursday, helped by a recovery in demand from its key financial industry clients. The company's consolidated revenue stood at 409.
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.
cnbctv18
5m
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 ...
7m
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 ...
Fortune India
15m
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 last year.
cnbctv18
54m
Wipro Q2 Results: Third quarter growth seen between -2% to +0%; announces bonus share issue
The board of Wipro has also announced the issue of bonus shares in the ratio 1:1 for its shareholders. Record date for the ...
10h
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 ...
The Financial Express
23h
Wipro Q2 Results 2024: Key Details on Date, Time, Where to Watch and Expectations
For those looking to review the results, they will be available in the Investors section of Wipro’s official website.
newsbytesapp.com
2d
Wipro now allows 30 additional days of WFH per year
Wipro has revised its hybrid work policy, allowing employees an additional 30 days of remote work every year. The change is ...
LIVE
3h
Q2 Results LIVE Updates: Infosys, Wipro, LTIMindtree to announce earnings today. Expect soft quarter from IT majors
While Infosys Q2 results are estimated to be decent, with revenue growth led by large deal wins and stable margins, Wipro Q2 ...
2d
Wipro allows extra 30 days of remote work
Wipro has introduced a new hybrid work policy, allowing employees to work remotely for an additional 30 days per year ...
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