Wipro appoints Srini Pallia as CEO & MD; Thierry Delaporte resigns
Delaporte says Srini has built a successful business in Wipro’s largest market of Americas 1
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Wipro’s ₹12,000 cr share buyback opens on June 22; stock up
Wipro says the reservation of up to 15% for small shareholders will benefit a large number of the company’s public shareholders
Wipro shares dip 2% post ₹12,000 cr share buyback approval
Buyback was approved at a price of ₹445 per equity share, around 10% higher than its current price
Wipro Q1 net profit tumbles 21% to ₹2,564 cr
Wipro's rise in revenue was offset by increasing costs, which soared to ₹15,560 crore in Q1 FY23 from ₹12,757 crore in the year-ago period.
Wipro Q3 net profit flat at ₹2,969 cr, board declares ₹1 dividend
The IT services remained the most profitable vertical at Wipro during the December quarter, with its segment results growing to ₹3,528.9 crore.
