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Wipro net profit rises 21.2% to ₹3,209 cr for FY25 July-Sept qtr
Millennium Post Delhi
|Delhi 18 October 2024
IT company Wipro on Thursday posted a 21.2 per cent year-on-year rise in its consolidated net profit to Rs 3,208.8 crore for Q2 FY25 on higher operating profit but gave weak revenue guidance for the next quarter. It had reported a profit of Rs 2,646.3 crore in the year-ago period.
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The revenue from operations for the reporting quarter was Rs 22,301.6 crore, a 0.95 per cent decline from Rs 22,515.9 crore in Q2 FY24.
Wipro CEO and MD Srini Pallia said the Q2 was driven by strong execution, which enabled the Bengaluru-based firm to meet its expectations for revenue growth, bookings, and margins.
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