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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.
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.
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 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 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 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,
52m
on MSN
Wipro shares jump 4% on Q2 beat, bonus issue. Should you buy, sell or hold?
Shares of Bengaluru-based IT major Wipro on Friday rallied up to 4% to day's high of Rs 550.55 on BSE after surprising Street ...
38m
Wipro shares jump 5% on Q2 earnings and bonus share announcement
Wipro shares jumped 5% after posting strong Q2FY25 earnings and announcing a 1:1 bonus share issue. Analysts remain cautious, ...
1h
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 ...
The Financial Express
1h
Wipro shares zoom over 5% after Q2 betters estimates; is it the right time to buy?
Wipro shares have delivered strong returns across various time frames. In the past month, the stock rose by 2.80%, while over ...
7m
on MSN
Wipro Management sees good momentum, hopes to bounce back in Q4 after a seasonal Q3
Wipro executives discuss current and future business dynamics. They highlight the Q3 guidance, impacted by seasonal factors ...
ndtvprofit
1h
Q2 Results Updates: Infosys ADR Falls Over 3%, Wipro Down Over 4%
Infosys' revenue is projected to increase by 3.5% to Rs 40,707 crore. Additionally, EBIT is expected to grow by 5.2% to Rs ...
moneycontrol.com
3h
Wipro’s Q2 earnings gets mixed reactions from brokerages
Wipro
's
Q2
FY25 earnings have drawn mixed reactions from brokerages. While strong deal momentum and solid margin ...
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