Wipro Q1 FY25 results: Net profit rises 5.2% to Rs 3,036.6 crore

IT services segment revenue was at $2,625.9 million, a decrease of 1.2 per cent Q-o-Q and a decrease of 5.5 per cent Y-o-Y

Bengaluru-based IT services major Wipro posted a net profit of Rs 3,036.6 crore for the first quarter of FY25, up 5.2 per cent from a year ago. Profit was up 6.2 per cent quarter-on-quarter (Q-o-Q) and above consensus Bloomberg estimates of Rs 2,931 crore.

Revenue for the March quarter was down 3.79 per cent from the year-ago period to Rs 21,963.8 crore. This was below consensus Bloomberg estimates that pegged the revenue at Rs 22,237.4 crore.

Click here to

 

Make smarter market moves with The Smart Investor. Daily insights on buzzing stocks and actionable information to guide your investment decisions delivered to your inbox.

Subscribe