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Infosys, Wipro exceed Q2 revenue estimates
Infosys, Wipro revenue forecasts fail to impress investors
By VarunVyas Hebbalalu, Sai Ishwarbharath B and Haripriya Suresh BENGALURU (Reuters) -Indian software services providers Infosys and Wipro issued revenue forecasts below analysts' expectations, suggesting a broad-based recovery in global tech spending was yet to take hold.
India's Infosys Beats Q2 Revenue Estimates
Infosys, India's No.2 IT services exporter, beat second-quarter revenue estimates on Thursday, helped by a recovery in demand from its key financial industry clients. The company's consolidated revenue stood at 409.
Infosys, Wipro exceed Q2 revenue estimates as client spending recovers
Indian software services giants Infosys and Wipro have surpassed quarterly revenue expectations, buoyed by a resurgence in spending from their primary clients in the financial sector. After more than a year of restrained spending amid economic uncertainties and elevated borrowing costs,
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 financial industry clients boosted spending. After over a year of curtailed spending due to economic uncertainty and high borrowing costs,
1h
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 ...
7h
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 ...
Business Wire
2h
Wipro Announces Results for the Quarter Ended September 30, 2024
Wipro Limited announced financial results under International Financial Reporting Standards (IFRS) for the quarter ended ...
cnbctv18
5h
Wipro Hiring 2024: IT major sees net reduction of 502 employees in Q2, attrition rate rises
Wipro, the IT services major, has reported a net decline in its workforce for the July to September 2024 period, shedding 502 ...
1h
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 ...
1h
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 ...
Analytics India Magazine
1h
Wipro Trains 44,000 Employees in Advanced AI
Wipro chief Srini Pallia, during the company’s Q2 FY 2025 earnings call, revealed that the Indian IT company has won two ...
devdiscourse
2h
Wipro's Earnings Rise Amid Revenue Challenges
Wipro reported a 21.2% increase in consolidated net profit for Q2 FY25, despite weak revenue guidance for the next quarter.
5h
Wipro’s headcount increases by 978 in Q2FY25
This comes at a time when Wipro is reassessing its lateral and campus hiring models to focus on improving utilisation rate of ...
5h
Wipro Q2 Results: Banger Quarter, Consolidated PAT Climbs 21.3% YoY To Rs 3,209 Crore, Beats Estimates
The companys total bookings were at t $3,561 million in the quarter under review. Among these, large deal bookings were at $1 ...
devdiscourse
3h
Wipro Pledges to Resolve Recruitment Backlogs by Year-End
IT giant Wipro plans to resolve all recruitment backlogs by the year's end, as stated by CHRO Saurabh Govil. Amid industry ...
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