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India's Wipro banks on better 2025
India's Wipro banks on better 2025 after beating Q3 estimates
Wipro , India's fourth-largest IT services company, reported higher-than-expected third-quarter revenue on Friday, helped by positive momentum in its banking, financial services, and insurance (BFSI) vertical and in the Americas geography.
Wipro's Q3 revenue falls nearly 1%
Wipro's revenue dropped 0.7% year-on-year in the Dec quarter but met its guidance, with a forecasted growth of -2% to 0% for the next quarter. The company reported a positive outlook with increasing AI spending,
Wipro Q3 Profit Surges 24.4%, Beats Estimates
Wipro reported a strong Q3 FY25, exceeding expectations with a 24.4% rise in net profit. The IT services company sees cautious optimism and returning discretionary spending in 2025.
Wipro Q3 net profit rises 4.5% QoQ to Rs 3,354 crore, beats estimates; margin at 3-year high
Wipro Ltd's Q3 net profit rose about 4.5 percent quarter-on-quarter to Rs 3,354 crore, beating Street estimates. Revenue was flat at Rs 22,319 crore for the fiscal third quarter. A Moneycontrol poll of nine brokerages estimated Wipro's Q3 consolidated net profit to shrink 5 percent quarter-on-quarter to Rs 3,
Wipro exceeds expectations with 24.4% rise in Q3 consolidated net profit
Wipro CEO and Managing Director Srinivas Pallia said clients are cautiously optimistic, and added that discretionary spending is slowly returning.
Wipro Q3 net profit rises 4.5% QoQ to Rs 3,354 crore, beats estimates
Wipro Ltd reported a 4.5 percent quarter-on-quarter increase in consolidated net profit to Rs 3,354 crore for the quarter ended December 31, 2024, surpassing analysts’ expectations. The IT major's Q3 FY25 revenue remained flat at Rs 22,
36m
on MSN
Wipro Q3 net surges 24.5% on consulting boost, lower costs
However, revenue remained subdued due to furloughs and seasonal weakness meeting its guidance, rising marginally by 0.1% YoY ...
8m
on MSN
Wipro Q3 attrition rate rises to 15.3%; headcount down 1,157 to 2,32,732 employees
Wipro announced its third-quarter results on January 17. The IT major’s attrition rate rises to 15.3%, as the headcount drops to 2.32 lakh employees in the Q3 results. Shares closed lower ahead of ...
11h
1WIT : Wipro Q3 Earnings: 24.5% Profit Jump, IT Services Margins Hit 12-Quarter High...
Wipro Ltd reported Q3 revenue of 223.2 billion rupees, missing analyst estimate. EPS beat estimate. IT services revenue ...
13h
on MSN
Wipro Q3 Results: Cons PAT jumps 24% YoY to Rs 3,354 crore; dividend declared at Rs 6 per share
Results: The board has announced an interim dividend of ₹6 per share, with January 28 set as the record date. Payment will be ...
10m
We will hire 10,000-12,000 from campuses in FY26, says Wipro
On concerns about revoking fresher offers issued to 2022 batch engineering graduates, Govil said the move was necessitated by ...
Channel NewsAsia Singapore
2h
India's Wipro beats Q3 revenue estimates
Wipro, India's fourth-largest IT services company, reported higher-than-expected third-quarter revenue on Friday, helped by ...
cnbctv18
18h
Wipro Q3 Results Highlights: Net profit jumps 24.4% to ₹3,354 crore, declares ₹6 dividend
IT services company will report its October to December 2024 quarterly earnings today. A CNBC-TV18 poll of analysts projects ...
21m
Wipro client numbers drop due to weak discretionary spending, Q3 furloughs
In Q3, the company’s customer base from the over $100 million through over $1 million bracket stood at 1,806, down from 1,837 ...
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