 2.jpg)
Wipro Ltd. reported declining Q1FY25 revenues at $2,626mn, down 1.0% QoQ and 4.9% YoY in cc terms. In USD terms, reported revenue was down1.2% QoQ and 5.5% YoY. INR Revenue stood at INR219.6bn, down 1.1% QoQ and 3.8% YoY. In Q2FY25E management expects, IT service business segment to be in range between $2,600-2,652mn. During Q1, Order Book TCV stood at $3.3bn, down 11.8% YoY cc of which $1.2bn were large deal TCV. PAT for the quarter was INR30.4bn, up 5.2% YoY with EPS at INR5.8. Operati...
Reduce Wipro Ltd For Target Rs.558 By Choice Broking
Wipro Ltd. reported muted Q4FY24 revenues at $2,657mn, down 0.3% QoQ and 6.6% YoY in cc terms. In USD terms, reported revenue was flat QoQ but down 5.9% YoY. INR Revenue stood at INR222.08bn, flat QoQ but down 4.2% YoY. For FY24, revenues came at $10.8bn, down 4.4% YoY in cc and 3.8% YoY in USD terms. INR revenue for full year stood at INR897.6bn, marginally down 0.8% YoY. In Q1FY25E management expects, IT service business segment to be in range between $2,617-2,670mn. FY24 Order Book TC...
Buy Wipro Ltd. For Target Rs.500 By Choice Broking Ltd
.jpg)
