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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,
3h
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 ...
Business Wire
4h
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 ...
moneycontrol.com
1h
Wipro not concerned about slow deal conversion as net new bookings seem good
Information technology firm
Wipro
, on October 17, said that it is optimistic about its deal conversions despite a slower ...
cnbctv18
7h
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 ...
39m
1:1 Bonus Issue Announced; Record Date Soon; Mega IT Stock Wipro To Offer 1 Free Share Before December 15
The company announced a bonus issue of a 1:1 ratio, and the record date will be declared in due course. Wipro has a strong ...
4h
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 ...
cnbctv18
8h
Wipro Q2 Results: Third quarter growth seen between -2% to +0%; announces bonus share issue
The board of Wipro has also announced the issue of bonus shares in the ratio 1:1 for its shareholders. Record date for the ...
Analytics India Magazine
3h
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
4h
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.
3h
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 ...
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