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17.04.26 - 08:30
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Wipro shares slide up to 4% after weak Q4, muted outlook dents sentiment (Times of India)
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Wipro's shares tumbled as profit dipped and the IT firm projected a subdued outlook, citing cautious client spending. Revenue growth in its core IT services remained sluggish, raising concerns about persistent challenges. Despite a share buyback, weak guidance and margin pressures overshadowed positive deal bookings, leading to a significant year-to-date stock decline....
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19.01.26 - 07:18
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Wipro CFO on Profit Miss Despite Margin Gains (Bloomberg)
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Wipro's third-quarter earnings fell short of expectations with a 7% drop in net profit, weighed down by restructuring costs and labor law charges. CFO Aparna Iyer explains why Q4 guidance remains muted at zero to 2% growth, even as operating margins hit a seven-year high of 17.6%. She joins Paul Allen exclusively on Insight with Haslinda Amin. (Source: Bloomberg)...
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16.10.25 - 13:12
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Wipro Q2 results: Net profit rises marginally to Rs 3,246 crore; revenue up 1.7% (Times of India)
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Wipro announced a modest net profit increase of Rs 3,246.2 crore for the July-September quarter, a slight rise from the previous year. Revenue also saw a 1.7% uptick to Rs 22,697.3 crore. CEO Srini Pallia highlighted strengthening revenue momentum, particularly in Europe and APMEA, and a clear strategy focused on AI leadership and client resilience in a shifting global landscape....
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18.07.25 - 03:24
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Wipro revenue drops 2.3% in June quarter (Times of India)
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Wipro's Q1 revenue saw a 2.3% decline in constant currency, staying within projected guidance. CEO Srini Pallia noted muted demand due to macro uncertainty, with clients prioritizing cost optimization and AI initiatives. Despite this, Wipro reported strong deal wins, reaching $5 billion, a 50.7% year-on-year increase....
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02.07.25 - 11:30
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Q1 results: Muted quarterly earnings likely for India′s IT giants as deal momentum slows (Times of India)
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India's IT sector anticipates a subdued first-quarter performance, with top firms like TCS and Wipro facing flat or declining revenue. Infosys and LTIMindtree expect modest growth, while mid-tier companies may outperform. BFSI shows recovery signs, but deal activity is slow. Companies are managing margins through cost controls, and GenAI offers a positive outlook despite varied margin performance across firms....
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