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Wipro Q4 Results Preview: Major IT Player to Announce March Quarter Earnings Soon; Stock Down 18% Year-to-Date

Wipro Q4 Results Preview: Major IT Player to Announce March Quarter Earnings Soon; Stock Down 18% Year-to-Date

Wipro, one of India’s leading IT companies, is set to unveil its financial performance for the January-March quarter on April 16, 2025. As the fourth-largest IT firm in the country, Wipro’s quarterly results are highly anticipated by investors and industry analysts alike.

Wipro’s Q3 Financial Performance

In its recent performance report for the third quarter of the fiscal year, Wipro showcased impressive growth. The company, under the leadership of Srinivas Pallia, witnessed a remarkable 24.5% increase in its consolidated net profit, reaching ₹3,353.8 crore. This growth represents a significant leap from ₹2,694.2 crore reported during the same period last year.

Revenue Insights

Wipro’s revenue from operations for the December quarter also reflected positive momentum. The company’s figures reached ₹22,319 crore, marking a 1% increase compared to ₹22,205 crore in the previous year. This upward trend highlights Wipro’s resilience in a competitive market.

  • Net Profit: ₹3,353.8 crore
  • Q3 Growth: 24.5% year-on-year
  • Revenue: ₹22,319 crore
  • Revenue Growth: 1% year-on-year

Looking Ahead

As Wipro prepares to release its Q4 results, stakeholders are keenly observing how the tech giant will navigate the challenges and opportunities in the evolving IT landscape. With a track record of consistent performance, Wipro remains a key player worth watching in the Indian IT sector.

Stay tuned for further updates and insights as Wipro continues to shape the future of technology solutions in India.

See also  Bajaj Finance Soars: Will Shares Surpass ₹10,000? Analysts Boost Targets as Stock Hits New High!

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