Wipro management on Q3 revenues, wage hike impact and Q4 order pipeline
Wipro's CFO Aparna Iyer announced that the wage hike implemented in September has been fully absorbed, contributing to a Q3 operating margin of 17.5%. The deal pipeline remains robust, focusing on ...
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Wipro Q3 Results: Wage Hikes, Furloughs Pose Challenges; PAT May Rise 12% YoY, CC Revenue Likely Weakest Among Peers
Wipro Q3 Preview: Revenue Decline Expected Amid Wage Hike and Furlough Impact Wipro is expected to see a decline in EBIT margins during Q3 FY25 due to the impact of two months of wage hikes.
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Wipro Q3 Preview: Net profit, revenue to drop amid seasonal weakness, currency headwinds
Client-specific issues in select verticals, coupled with seasonal weakness, higher furloughs and the impact of wage hikes will affect the Q3 earnings performance for Wipro. Client-specific issues ...
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Indian IT major Wipro is on a hiring spree, plans to double campus offers and hike pay
With higher-than-expected reported profits in the third quarter, Indian IT multinational Wipro is reportedly planning to double campus hiring efforts, along with salary hikes for graduates with ...