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Page 28 - Wipro

We will remain pragmatic about margins, says Wipro CFO Jatin Dalal

We have invested close to $80 million dollar in our big bets in the recent quarters, he said

We will remain pragmatic about margins, says Wipro CFO Jatin Dalal
Updated On : 17 Jan 2020 | 12:24 PM IST

Wipro Q3 profit drops 3.2% to Rs 2,463 crore on low interest income

During October-December period, consolidated revenues of the company rose 2.7 per cent on a year-on-year (YoY) basis at Rs 15,470 crore

Wipro Q3 profit drops 3.2% to Rs 2,463 crore on low interest income
Updated On : 17 Jan 2020 | 12:24 PM IST

Wipro Q3 consolidated net profit declines 2% YoY to Rs 2,455.9 crore

Revenue for the company stood at Rs 15,470.5 crore, up 2.73 per cent YoY at Rs 15,059.5 crore.

Wipro Q3 consolidated net profit declines 2% YoY to Rs 2,455.9 crore
Updated On : 17 Jan 2020 | 12:24 PM IST

Clarity over Brexit to push up client spends in UK, says Wipro CEO

The company is almost done with its internal restructuring and focusing on execution, Abidali Neemuchwala tells Business Standard

Clarity over Brexit to push up client spends in UK, says Wipro CEO
Updated On : 17 Jan 2020 | 12:24 PM IST

Azim Premji's salary drops 63% as Wipro sees slowdown in profits

Wipro saw profits drop by 4.69% to Rs 8,514 cr on revenues of Rs 55,418 cr in FY17

Azim Premji's salary drops 63% as Wipro sees slowdown in profits
Updated On : 17 Jan 2020 | 12:19 PM IST

Philanthropy is more complex than running a business, says Azim Premji

The success of Wipro was not his but of many people in leadership and in levels below leadership, who have devoted their lives and commitments to this, he said. The same thing applies to a foundation

Philanthropy is more complex than running a business, says Azim Premji
Updated On : 17 Jan 2020 | 12:19 PM IST

Premji, promoter group entities sold 230 mn shares during Wipro buyback

Wipro said it had bought back 32.3 crore equity shares under the buyback scheme at Rs 325 apiece, and the total amount utilised was about Rs 10,499.99 crore

Premji, promoter group entities sold 230 mn shares during Wipro buyback
Updated On : 17 Jan 2020 | 12:18 PM IST

Wipro Chairman Premji allots profit from 34% of his shares for philanthropy

The Azim Premji Foundation works in education in the country and supports other not-for-profit organisations

Wipro Chairman Premji allots profit from 34% of his shares for philanthropy
Updated On : 17 Jan 2020 | 12:18 PM IST

Wipro beats Street in June quarter, announces Rs 11,000-cr buyback

Net Income for the quarter was Rs 2,080 crore, an increase of 1.2% YoY

Wipro beats Street in June quarter, announces Rs 11,000-cr buyback
Updated On : 17 Jan 2020 | 12:16 PM IST

Wipro Q1 profit beats Street estimate; co declares Rs 11,000-cr buyback

IT services revenue grew 0.9% on reported dollar basis to $1.97 billion over the March 2017 quarter

Wipro Q1 profit beats Street estimate; co declares Rs 11,000-cr buyback
Updated On : 17 Jan 2020 | 12:16 PM IST

Share buyback to health care: 5 highlights of Wipro's June quarter results

Wipro Chairman Azim Premji has reassured shareholders of growth coming from the US

Share buyback to health care: 5 highlights of Wipro's June quarter results
Updated On : 17 Jan 2020 | 12:16 PM IST

Wipro net up 12.5% at Rs 2,388 crore in Q1, revenue growth tepid at 5.3%

IT services revenue, which contributes more than 95 per cent of its gross revenues, witnessed a sequential decline of 0.7 per cent at $2.038 billion in constant currency terms

Wipro net up 12.5% at Rs 2,388 crore in Q1, revenue growth tepid at 5.3%
Updated On : 17 Jan 2020 | 12:15 PM IST

Wipro posts 12.5% rise in Q1 consolidated net profit at Rs 2,387.6 cr

Wipro's mainstay IT services revenue was $2,038.8 million, up 4.3 per cent year-on-year

Wipro posts 12.5% rise in Q1 consolidated net profit at Rs 2,387.6 cr
Updated On : 17 Jan 2020 | 12:08 PM IST

Wipro posts muted Q1 numbers; net profit up 2% to Rs 21.2 billion

Gross revenue was Rs 139.8 billion ($2.0 billion), up 1.5 per cent sequentially and 2.6 per cent compared to the year ago period

Wipro posts muted Q1 numbers; net profit up 2% to Rs 21.2 billion
Updated On : 17 Jan 2020 | 12:08 PM IST

Wipro Q1FY19 preview: Profit outlook, commentary on healthcare vertical key

In the previous quarter, Wipro reported a decline in its net profit by 20.5 per cent y-o-y, missing analyst estimates.

Wipro Q1FY19 preview: Profit outlook, commentary on healthcare vertical key
Updated On : 17 Jan 2020 | 12:08 PM IST

Wipro rises 6.5%; mcap up Rs 8,475 cr on buyback plan

The stock was the biggest gainer on both the key benchmark indices during the day

Wipro rises 6.5%; mcap up Rs 8,475 cr on buyback plan
Updated On : 17 Jan 2020 | 12:07 PM IST

Infosys, Wipro hit 52-week lows

In past one-week, Wipro slipped 8% after the company reported disappointing Q2F17 results and a sluggish IT revenue guidance for Q3FY17.

Infosys, Wipro hit 52-week lows
Updated On : 17 Jan 2020 | 12:06 PM IST

Infosys, Sun Pharma, Wipro hit 52-week lows

Mindtree, Mahindra Lifespace and Welspun Corp from the Nifty500 index hitting their respective 52-week lows today.

Infosys, Sun Pharma, Wipro hit 52-week lows
Updated On : 17 Jan 2020 | 12:06 PM IST

Wipro 3D first Lloyd's Register-certified additive manufacturer in India

The assessment was made against design data development and control, additive manufacturing process and build control, and reception, storage and handling of feedstock, for Wipro 3D's Bengaluru unit

Wipro 3D first Lloyd's Register-certified additive manufacturer in India
Updated On : 17 Jan 2020 | 12:05 PM IST

Carnage in Indian IT? As Wipro fires 500, here is what other cos are doing

Trump's tightening H-1B visa norms, AI and automation are weighing heavy on India's IT workers

Carnage in Indian IT? As Wipro fires 500, here is what other cos are doing
Updated On : 17 Jan 2020 | 11:04 AM IST