Wipro Results

In Q2FY25, Wipro reported a consolidated profit attributable to owners of Rs 3,208.8 crore, marking a 6.85 per cent increase quarter-on-quarter (Q-o-Q) from Rs 3,003.2 crore in Q1FY25.

Wipro Consumer Care and Lighting on Tuesday said it has crossed the milestone of Rs 10,000 crore in overall sales in FY23, helped by 'significant growth' across geographies, brands, and categories. The domestic FMCG business grew 17 per cent for the financial year ended March 31, 2023, the company, part of Azim Premji-led Wipro Enterprises, said in a statement. Its sandalwood soap brand Santoor has now become the second largest player in the segment in India with sales of over Rs 2,650 crore. While female toiletries brand of Wipro Consumer Care and Lighting, Enchanteur, has also crossed 1,000 crore, it added. The company, which operates in FMCG and lighting products, had reported a revenue of Rs 8,634 crore for the financial year ended March 31, 2022. "FY23 was a special year with the FMCG India business growing at 17 per cent and Malaysia strengthening its No 1 position in personal care with strong growth of over 20 per cent. "Vietnam crossed the USD 100 million revenue mark wit

Top IT players Q3 reports show resilience in strategy, beat macro uncertainty

On the bourses, Wipro underperformed peers as shares dropped 0.5 per cent, while TCS, HCL Technologies, and Infosys rose up to 11 per cent in Q3FY23

Wipro Limited announced the appointment of Amit Choudhary as Chief Operating Officer (COO) and member of the Wipro Executive Board

If Wipro fails to defend the 200-WMA placed at Rs 378, the stock can slide to near Rs 300-mark. On the other hand, HCL Technologies seems to be on course to test Rs 1,200.

Wipro expect sequential revenue growth of 0.5 per cent to 2.0 per cent for October-December quarter

Attrition for the quarter was at 23 per cent, down from 23.3 per cent from last quarter

Wipro Q2 results preview: Its margins will likely be weak over the last year, but may improve on a quarterly basis by 20-30 basis points (bps) to 15.3 per cent

Wipro, Tech Mahindra see double-digit decline in net profit

Stocks to Watch Today: CRISIL, GSFC, Hindustan Zinc, JSW Energy, Mphasis, PVR, RBL Bank and SRF to announce Q1 results on Thursday.

The margin for India's fourth-largest IT services firm declined 200 basis points over the previous quarter.

Despite a below-expectation showing, IT major expects double-digit growth in FY23

BENGALURU (Reuters) -India's Wipro Ltd on Wednesday forecast higher revenue growth from IT services on the back of a strong project pipeline, and said margins likely bottomed out after higher expenses dented June-quarter profit.

Ahead of Wipro's Q1FY23 results, data suggests the net income of Wipro saw growth in Q4FY22 and stood at $406.9 million. However, it was lower than the net income in Q1FY22, reported at $434.8 million

At the bourses, shares of Wipro have tumbled over 43 per cent so far in calendar year 2022. In comparison, Nifty50 and the S&P BSE Sensex have tanked 8 per cent each.

IT services company Wipro Ltd on Tuesday said it expects to ramp up employee count in Norway to 350 in the next two years, and is increasing investment there locally to help clients capitalise on digital transformation. With increased local investment, Wipro is positioning itself as a core part of the business ecosystem in Norway, the Bengaluru-headquartered IT major said in a release. "Wipro Ltd, a leading global information technology, consulting and business process services company, is increasing its investment locally in Norway to help its clients capitalise on digital transformation," Wipro said. Within the next two years the company is looking to grow from 85 to 350 employees in Norway, it said. "The increased local investment is part of our new operating model, which has identified the Nordics as one of the strategic market units in Europe. As such, we are positioning ourselves as an innovation partner to businesses in the region," Vinay Firake, Senior Vice President & ...

Attrition rate at near 24%, revenue up over 28% to Rs 20,860 crore

CLOSING BELL: Coal India, Adani Ports, Power Grid, Maruti Suzuki, Bajaj Auto, ONGC, Wipro, and Britannia Industries were the other laggards, down between 2.5 per cent and 4 per cent

Among sectors, the Nifty Metal index zoomed 3.5 per cent on the NSE today while the Nifty Realty index slumped 0.8 per cent