Wipro Q2 Earnings: IT Services Revenue Decline 2%, Proposes 1:1 Stock Bonus
Wipro Ltd (NYSE:WIT) stock slid after the company reported second-quarter results. The company reported gross revenue of 223.0 billion rupees ($2.66 billion), down by 1.0% year-on-year, missing the analyst consensus estimate of $2.
India's Wipro beats Q2 revenue estimate
Wipro , India's fourth-largest software company, posted higher-than-expected second-quarter revenue on Thursday, helped by a revival in spending by its clients in the U.S. communications sector.
Wipro Q2 results, bonus issue today: Profit may rise 5-13%, sales may fall 1-2%
Axis Securities expects Wipro to report 5.5 per cent YoY rise in net profit at Rs 3,028 crore for the September quarter on 1.6 per cent YoY drop in sales at Rs 22,460 crore.
Wipro Q2 Results: Cons PAT jumps 21% YoY to Rs 3,209 crore, beats estimates
Gross revenue stood at Rs 22,300 crore, marking a 1.5% increase quarter-on-quarter and a 1% decline year-on-year. IT services segment revenue reached $2,660.1 million, up 1.3% QoQ and down 2% YoY.
Wipro Q2 results: Constant currency revenue grows after six-quarter drop; Bonus declared
The board of Wipro has also announced the issue of bonus shares in the ratio 1:1 for its shareholders. Record date for the said corporate action is yet to be determined.
Wipro Q2 results: Net profit grows 21%, revenue down 1%; announces 1:1 bonus share
The consolidated revenue of Wipro dropped 1% YoY to ₹22,302 crore in Q2 FY25, from ₹22,543 crore in the corresponding period last year.
Wipro Q2 net profit climbs 21.2% to Rs 3,208.8 crore; announces 1:1 bonus share
IT company Wipro on Thursday reported a 21.2 per cent increase in its consolidated net profit to Rs 3,208.8 crore for the second quarter of FY25. It had reported a profit of Rs 2,646.3 crore in the year-ago period.
Wipro Q2 results: IT firm announces 1:1 bonus share issue for shareholders
Wipro reported a 21% increase in net profit, reaching Rs 3,209 crore for the quarter ending in September, compared to Rs 2,646 crore in the same period last year.
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Wipro posts 21% jump in net profit for Q2 of FY25
Wipro provided a weak revenue guidance for the third quarter, while managing to improve on its operating profit margins.
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Wipro Q2 Results: Net Profit Rises 6%, Beats Estimates
IT firm Wipro Ltd. on Thursday posted a 6.2% sequential rise in its net profit to Rs 3,227 crore in the quarter ended Sept.
Wipro Q2 Results Preview: Revenue to drop 2% YoY, EBIT margin likely flat on wage hike impact; bonus issue eyed
D-Street analysts and domestic brokerages have estimated decent net profit growth for the leading IT major; however, margin and revenue are likely to be flat due to softer deals and the impact of the ...
Wipro ADR slides 4% post Q2 results on lower guidance for December quarter
For the December quarter, Wipro expects IT Services revenue to range between $2,607 million and $2,660 million, implying a ...
India's Infosys, Wipro top Q2 revenue estimates as spending revives
(Reuters) -Indian software services providers Infosys and Wipro topped quarterly revenue estimates as their mainstay ...
Q2 Results Today: Infosys, Wipro, Axis Bank, LTIMindtree, among 36 companies to declare earnings on October 17
Infosys, Wipro, Axis Bank, LTIMindtree, Nestle India, Tata Chemicals, Tata Communications, Indian Overseas Bank, Havells ...
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Wipro Q2 FY25 Highlights: Headcount declines; attrition rate highest in 5 quarters
Wipro reported a 21 per cent jump in its net profit to Rs 3,209 crore in the second quarter of the current fiscal, versus Rs ...