Wipro Q2 net profit climbs 21.2% to Rs 3,208.8 crore
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 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 shares soar almost 5% as Q2 earnings beat street expectations
Wipro's consolidated net profit for Q2 FY25 rose by nearly 7 percent quarter-on-quarter to Rs 3,209 crore, surpassing Moneycontrol's estimate of Rs 3,011 crore. Revenue from operations increased by 1.5 percent QoQ to Rs 22,302 crore, beating Moneycontrol's forecast of Rs 22,219 crore.
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.
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: Net profit jumps 21% to Rs 3,209 crore
Wipro reported a 21.2 per cent rise in consolidated net profit to Rs 3,208.8 crore for Q2 FY25, while revenue slightly declined by 0.95 per cent to Rs
Wipro Share Price Today Live: Wipro shares rally as Q2 results beat estimates
IT major Wipro has recorded a 21 per cent profit rise, beating market estimates. While revenue and margins reported were largely in line with street estimates in Q2, the outlook for next quarter isn’t encouraging.
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.
Wipro Q2FY25 results: Net profit rises 21% to Rs 3,201 cr, revenue down 1%
Bengaluru-based IT services major Wipro posted a net profit of Rs 3,201 crore for the second quarter of FY25, up 21.3 per cent from a year ago. Profit was up 6.8 per cent quarter-on-quarter (Q-o-Q). Revenue for the March quarter was marginally down by 1 per cent from the year-ago period to Rs 22,
Wipro records 21% rise in profit at ₹3,209 cr in Q2
Wipro beats profit estimates, but outlook for next quarter is weak; focuses on AI, large deals, and bonus shares.
Wipro Q2 FY25 results: Profit jumps 21% to Rs 3,209 crore; revenue slips
During Q2 FY25, profit came at Rs 3,208.8 crore as against Rs 2,646.3 crore in the year-ago period. However, Wipro's revenue from operations fell 0.95 per cent (YoY) to Rs 22,301.6 crore from Rs 22,515.
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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).