Wipro is set to announce Q3 results on January 17. Analysts project a 12% YoY rise in profit but a 1% QoQ dip in constant currency revenue due to weakness in Communications and Manufacturing and ...
Infosys's Q3 results were weaker than expected, while TCS and Wipro performed well. HCL Tech's growth guidance was disappointing. Analysts remain optimistic about the Indian IT sector following mixed ...
Wipro, Tech Mahindra, ICICI Lombard, Jio Financial Services, and SBI Life Insurance Company will release their earnings ...
Wipro's EBIT improved by 4.5% to Rs 3,899 crore, with margins rising to 17.5% from 16.8%. The company also declared an interim dividend of Rs 6 per share.
Profit rises 24.48% YoY to ₹3,353.8 crore; revenue grows marginally to ₹22,318.8 crore. Interim dividend of ₹6 declared.
Looking forward, Wipro has guided for Q4 IT services revenue growth to be in the range of -1% to +1% in constant currency terms, aligning with market expectations.
Even as Wipro reported better-than-projected Q3 earnings, global brokerages remained divided on the IT giant's prospects.
Wipro's shares surged 7.8% after it reported a 24% rise in net profit for Q3FY25 to Rs 3,354 crore, with a marginal 0.5% increase in revenue. The company's strong performance was highlighted by ...
Wipro shares surged 5% following strong third-quarter earnings, which saw a 24% YoY increase in net profit and a marginal ...
Brokerage firm Citi has maintained its "sell" rating on Wipro but has removed its "negative catalyst watch" on the stock has it was opened recently.
Post US elections, the BFSI sector shows promise for Indian IT firms with increased discretionary spending. Major firms plan ...