Wipro Q2 Results Live: Profit Rises by 21.26% YoY
Wipro Q2 Results Live : Wipro declared its Q2 results on 17 October 2024, showcasing a mixed performance. The company reported a revenue decrease of 0.95% year-over-year (YoY), yet managed to achieve a significant profit increase of 21.26% YoY.
Wipro Soars on Strong Q2 Profits Despite Revenue Challenges
Shares of Wipro surged nearly 4% after announcing a 21.2% rise in Q2 net profit. The company's stock performance gained, though future revenue shows weak guidance. Despite economic uncertainties, Wipro remains optimistic in maintaining profit margins while acknowledging upcoming challenges,
Wipro Q2 Earnings: IT Services Revenue Decline 2%, Proposes 1:1 Stock Bonus
Wipro Ltd (NYSE:WIT) stock slid after the company reported second-quarter results. The company reported gross revenue of 223.0 billion rupees ($2.66 billion), down by 1.0% year-on-year, missing the analyst consensus estimate of $2.
Wipro Q2 results: Net profit surges 21% to ₹3,209 crore; here are five key highlights
IT giant Wipro announced on Thursday reported its quarterly results ending on September 31, 2024. The IT giant posted a 21% surge in its net profit to ₹ 3,209 crore, compared to ₹ 2,646 crore in the same period last year.
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.
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.
Wipro Q2 results, bonus issue today: Profit may rise 5-13%, sales may fall 1-2%
Axis Securities expects Wipro to report 5.5 per cent YoY rise in net profit at Rs 3,028 crore for the September quarter on 1.6 per cent YoY drop in sales at Rs 22,460 crore.
Wipro Q2 results: Net profit jumps 21% to Rs 3,209 crore
Wipro reported a 21.2 per cent rise in consolidated net profit to Rs 3,208.8 crore for Q2 FY25, while revenue slightly declined by 0.95 per cent to Rs
Wipro shares surge nearly 6% after Q2 earnings
Wipro CEO and MD Srini Pallia said the Q2 was driven by strong execution, which enabled the Bengaluru-based firm to meet its expectations for revenue growth, bookings, and margins.
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.
Good Q2 For Wipro: Announces 1:1 Bonus; Seasonality, Wage Hike To Dent Margins?|Earnings With ET Now
In this interview, Wipro's leadership discusses second-quarter performance, demand environment, margin expectations, attrition rates, and future pipelines. They highlight strong deal momentum, a healthy hiring strategy,
ET Now on MSN1h
TCS, Infosys, Wipro, HCL Tech, Tech Mahindra: Headcount DROPS at THIS IT firm - Who hired most in Q2 FY25?
All the five major listed IT firms recruited many employees in the July-September 2024 period. However, on the headcount ...
Wipro shares: Q2 results solid but Q3 guidance disappoints; here are target prices
The Q3FY25 guidance was muted due to furloughs and softness in key regions, particularly in Europe. Sectors like ...
Wipro rolls out salary hikes for FY25 effective from Sept 1
When asked about fresher backlogs, he assured that they would be cleared by the end of the third quarter (Q3FY25).
Top stories on 17 October: Infosys, Wipro Q2 results, Bahraich encounter bid, India’s lowest Test score & more
On October 17, Infosys reported a 4.7% rise in Q2 net profit to ₹6,506 crore, while Wipro’s net profit surged 21% to ₹3,209 ...