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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 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.
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: Q2 results solid but Q3 guidance disappoints; here are target prices
The Q3FY25 guidance was muted due to furloughs and softness in key regions, particularly in Europe. Sectors like manufacturing and energy remain soft, with signs of a potential revival but no immediate turnaround.
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 six months, it surged 24.50%. Year-to-date, Wipro gained 17.38%, and in the last twelve months,
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 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.
5h
on MSN
Wipro shares jump 5% on Q2 earnings and bonus share announcement
Wipro Ltd shares surged over 5% in early trade on Friday, following the company’s announcement of its second-quarter earnings ...
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1h
Wipro shares surge nearly 6% after Q2 earnings
Wipro CEO and MD Srini Pallia said the Q2 was driven by strong execution, which enabled the Bengaluru-based firm to meet its ...
ndtvprofit
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Wipro Q2 Results Review - Healthy Quarter, Furlough Softness Ahead: Motilal Oswal
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s ...
20h
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
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).
9h
on MSN
Top stories on 17 October: Infosys, Wipro Q2 results, Bahraich encounter bid, India’s lowest Test score & more
On October 17, Infosys reported a 4.7% rise in Q2 net profit to ₹6,506 crore, while Wipro’s net profit surged 21% to ₹3,209 ...
ET Now on MSN
23h
Wipro Q2 FY25 Highlights: Headcount declines; attrition rate highest in 5 quarters
Wipro reported a 21 per cent jump in its net profit to Rs 3,209 crore in the second quarter of the current fiscal, versus Rs ...
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