UPDATE 2-India's Wipro sees weak first quarter revenue growth after clients go bust [Reuters]
Wipro Limited (WIT)
Last wipro limited earnings: 4/16 04:00 pm
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Source: Reuters
India's Wipro fourth-quarter profit misses estimates on lower revenue | Reuters Reuters Staff 2 Min Read (Reuters) - Wipro Ltd ( WIPR.NS ), India’s third-biggest software services exporter by revenue, on Wednesday posted lower-than-expected fourth-quarter net profit, hurt by lower revenue from operations. The IT firm said it expected revenue from IT services to be in a range of $2.02-$2.07 billion in the June quarter. Net profit fell 20.3 percent to 18.03 billion rupees ($269.99 million) in the three months ended March 31, Bengaluru-headquartered Wipro said on Wednesday. Analysts on average expected a profit of 21.32 billion rupees, according to Thomson Reuters data. Revenue from operations fell 1.6 percent to 137.69 billion rupees, while revenue from its key IT services business rose 5.5 percent to $2.06 billion, in the range forecast by Wipro. Wipro warned earlier this month an insolvency petition filed by an Indian telecom client on Feb. 28 would hit net income by between 65 and
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News
- Wipro Limited (NYSE:WIT) Q4 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Wipro Announces Results for the Quarter and Year ended March 31, 2024 [Yahoo! Finance]Yahoo! Finance
- Wipro Announces Results for the Quarter and Year ended March 31, 2024Business Wire
- Wipro Limited (NYSE: WIT) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Wipro Appoints Malay Joshi as Chief Executive Officer for Americas 1 Strategic Market Unit [Yahoo! Finance]Yahoo! Finance
WIT
Earnings
- 4/22/24 - Beat
WIT
Sec Filings
- 4/23/24 - Form 6-K
- 4/8/24 - Form 6-K
- 3/12/24 - Form 6-K
- WIT's page on the SEC website