India's Wipro beats Q4 revenue estimates [Yahoo! Finance]
Infosys Limited American Depositary Shares (INFY)
Last infosys limited american depositary shares earnings: 4/21 04:00 pm
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Source: Yahoo! Finance
(Reuters) -Wipro, India's fourth-largest software company, posted a bigger-than-expected fourth-quarter revenue on Friday, aided by firmer profit margins and a recovery in its consulting business. The company's consolidated revenue decreased 4.2% to 222.08 billion rupees ($2.66 billion) in the January-March quarter, but beat analysts' expectation of 221.51 billion rupees, as per LSEG data. India's IT services industry has been grappling with clients tightening their purse strings due to stubbornly high inflation and geopolitical risks. Industry body Nasscom estimated overall revenue growth more than halved to 3.8% last financial year. Wipro has been further hobbled by the departure of key executives, including CEO Thierry Delaporte, who resigned earlier this month and Stephanie Trautman, who was in charge of securing large contracts, in December. Bengaluru-based Wipro's net profit fell 7.9% to 28.35 billion rupees in the latest quarter. Analysts estimated a profit of 27.82 bi
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INFY
Earnings
- 4/19/24 - Beat
INFY
Sec Filings
- 4/24/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/2/24 - Form 6-K
- INFY's page on the SEC website