India's Wipro banks on better 2025 after beating Q3 estimates
Wipro , India's fourth-largest IT services company, reported higher-than-expected third-quarter revenue on Friday, helped by positive momentum in its banking, financial services, and insurance (BFSI) vertical and in the Americas geography.
Wipro's Q3 revenue falls nearly 1%
Wipro's revenue dropped 0.7% year-on-year in the Dec quarter but met its guidance, with a forecasted growth of -2% to 0% for the next quarter. The company reported a positive outlook with increasing AI spending,
Wipro Q3 net surges 24.5% on consulting boost, lower costs
However, revenue remained subdued due to furloughs and seasonal weakness meeting its guidance, rising marginally by 0.1% YoY to Rs 22,318 crore from Rs 22,205 crore in December quarter 2023-24.
Wipro, Tech Mahindra revenue shrinks in Q3
Both Wipro and Tech Mahindra have reported a revenue decline in the April-December 2024 period. While Wipro’s revenue declined 4.15% from the year-ago period to $7.78 billion, Tech Mahindra’s revenue dropped 0.3% to $4.72 billion.
India's Wipro beats Q3 revenue estimates
Wipro, India's fourth-largest IT services company, reported higher-than-expected third-quarter revenue on Friday, helped by positive momentum in its banking, financial services, and insurance (BFSI) vertical and in the Americas geography.
Wipro beats estimates, profit up 4.5% to Rs 3,354 crore
Wipro's headcount decreased by 1,157 in Q3, reversing two consecutive quarters of employee additions, taking the total headcount to 2,32,732 employees at the end of the quarter.
India's Wipro Beats Q3 Revenue Estimate
BENGALURU/MUMBAI (Reuters) - Wipro, India's fourth-largest IT services company, reported higher-than-expected third-quarter revenue on Friday, helped by positive momentum in its banking, financial services, and insurance (BFSI) vertical and in the Americas geography.
Wipro Q3 net profit rises 4.5% QoQ to Rs 3,354 crore, beats estimates
Wipro Ltd reported a 4.5 percent quarter-on-quarter increase in consolidated net profit to Rs 3,354 crore for the quarter ended December 31, 2024, surpassing analysts’ expectations. The IT major's Q3 FY25 revenue remained flat at Rs 22,
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Wipro seeing momentum in small sized deals, says CFO Aparna Iyer
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Wipro logs over 24% increase in net profits in Oct-Dec quarter, revenue rises marginally
The revenue increased marginally by 0.5 per cent to Rs 22,319 crore. In the year ago period, it was at Rs 22,205 crore. Wipro Limited today announced financial results under International Financial ...