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Wipro profit rises 26%; outlook weak
The New Indian Express Vishakapatnam
|April 17, 2025
AMID uncertainty and macroeconomic headwinds, IT services firm Wipro expects clients to take a more measured approach, especially on large transformation programmes and discretionary spending.
Due to this, the company has guided revenue to be in the range of (-)3.5% to (-)1.5% in constant currency terms for the June quarter (Q1FY26).
Surpassing Street estimates, it reported a 25.9% YoY increase in consolidated net profit at ₹3,569.6 crore for the quarter ended March 2025 as against ₹2,835 crore in the same period last year. Its income from operations stood at ₹22,504 crore, a 1.33% rise as against ₹22,208 crore in the same quarter last year.
For the full year FY25, its consolidated total profit stood at ₹92,972.4 crore as against ₹92,391.1 crore.
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