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.

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.

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,

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 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 , 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.

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 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 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.

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.