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Wipro Q2 net profit rises 21.2 pc to Rs 3,209 cr
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 Soars on Strong Q2 Profits Despite Revenue Challenges
Shares of Wipro surged nearly 4% after announcing a 21.2% rise in Q2 net profit. The company's stock performance gained, though future revenue shows weak guidance. Despite economic uncertainties, Wipro remains optimistic in maintaining profit margins while acknowledging upcoming challenges,
India's Wipro Beats Q2 Revenue Estimate
The company's consolidated revenue fell 1% to 223.02 billion rupees ($2.65 billion) in the July-September quarter, but was above analysts average estimate of 222.58 billion rupees, as per LSEG data. ($1 = 84.0340 Indian rupees)
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: Cons PAT jumps 21% YoY to Rs 3,209 crore, beats estimates
Gross revenue stood at Rs 22,300 crore, marking a 1.5% increase quarter-on-quarter and a 1% decline year-on-year. IT services segment revenue reached $2,660.1 million, up 1.3% QoQ and down 2% YoY.
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.
15h
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 ...
India Today on MSN
14h
Wipro shares gain 4% post Q2 results, bonus issue news. Time to buy?
The rally came after Wipro announced its second-quarter (Q2) results for the fiscal year 2025 (FY25), posting a 21.3% year-on ...
moneycontrol.com
7h
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 ...
Fortune India
1d
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 ...
1d
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 ...
Your Story
11h
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 ...
15h
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 Pioneer
14h
Wipro shares surge nearly 6 pc after Q2 earnings
Shares of IT company Wipro climbed nearly 6 per cent on Friday after the firm posted a 21.2 per cent year-on-year rise in ...
17h
on MSN
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 ...
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