India's Wipro banks on better 2025 after beating Q3 estimates
By Haripriya Suresh and Sai Ishwarbharath B BENGALURU/MUMBAI (Reuters) -India's No. 4 IT services provider Wipro beat third-quarter estimates for revenue and profit on Friday, and its CEO hoped for a better year after facing macroeconomic challenges in 2024.
Wipro Q3 Results 2025: Profit Rises by 24.48% YOY to ₹3353.8 Crore
Revenue increased by 0.51% YoY & profit increased by 24.48% YoY, profit at ₹3353.8 crore and revenue at ₹22318.8 crore.
Wipro Reports Significant Profit Rise Despite Seasonal Challenges
Wipro, a leading IT services company, reported a notable 24.4% year-on-year increase in consolidated net profit for the December quarter. Despite marginal revenue growth, the firm anticipates stable guidance for the March quarter.
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 Q3 Results Highlights: Net profit jumps 24.4% to ₹3,354 crore, declares ₹6 dividend
IT services company Wipro on Friday reported a 24.4% year-on-year rise in its consolidated net profit for the just-ended December quarter at about ₹ 3,354 crore. The Bengaluru-based tech major saw its revenue from operations inch up by 0.
Wipro Defies Challenges with Strong Q3 Growth
Wipro posted a 24.4% year-on-year rise in net profit for Q3 FY25, despite challenges in the IT sector. The Bengaluru company sees hopeful prospects for 2025, amidst cautious optimism from clients and ongoing macroeconomic challenges.
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.
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 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 tweaks capital allocation policy
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Wipro client numbers drop due to weak discretionary spending, Q3 furloughs
In Q3, the company’s customer base from the over $100 million through over $1 million bracket stood at 1,806, down from 1,837 ...
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 ...
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 ...