Wipro Q2 results: Net profit surges 21% to ₹3,209 crore; here are five key highlights
IT giant Wipro announced on Thursday reported its quarterly results ending on September 31, 2024. The IT giant posted a 21% surge in its net profit to ₹ 3,209 crore, compared to ₹ 2,646 crore in the same period last year.
Wipro announces 1:1 bonus issue; share surges 4% on the back of strong Q2 results
Shares of IT behemoth and the country's fourth-largest IT company, Wipro, surged nearly 4% today after the company's board of directors approved a 1:1 bonus issue. This also comes on the back of positive Q2 results declared by the company yesterday.
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.
Wipro Q2 Results Live: Profit Rises by 21.26% YoY
Wipro Q2 Results Live : Wipro declared its Q2 results on 17 October 2024, showcasing a mixed performance. The company reported a revenue decrease of 0.95% year-over-year (YoY), yet managed to achieve a significant profit increase of 21.26% YoY.
Wipro's Profits Soar Despite Revenue Dip
Wipro's shares surged nearly 6% after a 21.2% rise in Q2 FY25 net profit, despite a slight revenue decline. The firm achieved strong execution in several sectors but anticipates revenue challenges in the next quarter due to fewer working days.
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 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: Net Profit Rises 21% to ₹3,209 Crore; Strong Revenue Exceeds Expectations | ET Now
Wipro's Q2 results show revenues and profits exceeding expectations, with net profit around ₹3,200 crore. Margins beat estimates at 16.8%, but Q3 guidance was lowered to a potential decline of 2%. The
Wipro Q2: Net Profit Jumps 21% To ₹3,209 Cr, Beats Estimates
Wipro posted its earnings for the quarter ended September on Thursday evening after market close. What Happened: Wipro posted a consolidated net profit of ₹3,208.8 crore, a 21% jump from the ₹2,646 crore net profit posted in the same quarter last year.
Wipro Q2 Results Preview: Revenue seen down up to 2% YoY, Q3 CC guidance at -1% to 1%
Wipro's Q2 earnings are under scrutiny, with various brokerages providing mixed forecasts. JM Financial expects a 1.7% YoY revenue decline to Rs 22,134 crore but a 19% PAT increase. Sharekhan predicts a slight revenue rise,
Wipro rolls out salary hikes for FY25 effective from Sept 1
When asked about fresher backlogs, he assured that they would be cleared by the end of the third quarter (Q3FY25).
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Wipro shares surge nearly 6% after Q2 earnings
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Wipro to clear fresher backlog by Q3 amidst slow headcount growth and revenue challenges
Srini Pallia, CEO of Wipro, emphasised that the company continues to see strong demand in markets such as the Americas and APMEA (Asia Pacific, Middle East, and Africa).
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Welcome to the Wipro Stock Liveblog, your ultimate source for real-time updates and analysis of one of the most prominent ...