Wipro Q2 results: Net profit grows 21%, revenue down 1%; announces 1:1 bonus share
The consolidated revenue dropped 1% YoY to ₹22,302 crore in Q2 FY25, from ₹22,543 crore in the corresponding period last year.
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Shiv Nadar Richest In IT With ₹2.75 L Cr
Wipro's Azim Premji a close second with ₹2.02 lakh crore
Non-IT Brings Riches For Azim Premji
Wipro’s IT services arm might be struggling but other companies have been quiet and steady wealth creators.
Has IT Sector Bottomed Out?
Three months into FY25, CEOs are still skeptical about a full recovery.
Sensex, Nifty end lower ahead of Budget; RIL, Kotak Bank, ITC among top laggards
Bucking the trend, the BSE midcap and smallcap indices ended higher, rising 1.2%, and 0.8%, respectively.
Wipro shares crash 9% on weak Q1, soft guidance; brokerages cut price targets
Analysts turned bearish on Wipro and downgraded the IT stock after it guided for -1% to +1% QoQ growth for Q2 FY25.
Wipro launches Lab45 AI platform to boost business efficiency
Lab45, Wipro's innovation hub, offers this AI platform to all Wipro employees and clients.
Wipro shares jump 4% on winning $500 mn contract
The IT heavyweight has maintained an uptrend for the last three sessions and rose nearly 10% during the same period.
Adani Ports shares hit 52-week high on inclusion in Sensex; Wipro down 1% on exclusion
The infrastructure arm of Adani Group stock will replace Wipro from the Sensex-30 pack from June 24, 2024.
Adani Ports to replace Wipro in Sensex from June 24; Trent to enter Sensex 50
Adani Ports will become the first stock from the 10-listed entities of Adani Group to enter the 30-pack Sensex.
