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Infosys, Wipro
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.
Infosys, Wipro see headcount rise in Q2
On the hiring front, Infosys said it plans to hire between 15,000 to 20,000 freshers in fiscal year 2025, while Wipro said it plans to onboard between 2,500-3,000 freshers every quarter this fiscal.
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.
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,
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,
Wipro announces First bonus issue since 2019
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: IT firm announces 1:1 bonus share issue for shareholders
Wipro reported a 21% increase in net profit, reaching Rs 3,209 crore for the quarter ending in September, compared to Rs 2,646 crore in the same period last year.
cnbctv18
10h
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 of 502 employees in its workforce for the July to September 2024 ...
Business Wire
7h
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 ...
Your Story
2h
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.
moneycontrol.com
4h
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 ...
3h
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 ...
Analytics India Magazine
6h
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 ...
7h
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 ...
6h
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 ...
devdiscourse
8h
Wipro Pledges to Resolve Recruitment Backlogs by Year-End
IT giant Wipro plans to resolve all recruitment backlogs by the year's end, as stated by CHRO Saurabh Govil. Amid industry ...
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