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Wipro Q2 Results: IT company Wipro has announced its quarterly results. On a quarterly basis, i.e. in the April-June quarter of the financial year 2024-25, the revenue has increased from Rs 21,896.3 crore to Rs 22,196 crore in the July-September quarter of the financial year 2024-25. The market had expected it to increase to Rs 22248 crore.
Wipro Q2 Results: During this period, the company's profit has increased by 21 percent to Rs 3209 crore. On a quarterly basis, i.e. in comparison to the April-June quarter of the financial year 2024-25, EBIT has increased from Rs 3,605.7 crore to Rs 3,732 crore in the July-September quarter of the financial year 2024-25. EBIT margin has increased from 16.5% to 16.8%.
CC IT revenue growth has been 0.6%. Whereas the market had estimated a growth of 0.1%. $ Income has increased from $262.59 crore to $266 crore. A total of $150 Cr deals were received in Q2, the highest in the last 10 quarters. Wipro stock performance - The stock has fallen 4 percent in a month. It has fallen 5 percent in three months. The stock has increased 12 percent from January to October. At the same time, the stock has increased by 30 percent in October 2024 as compared to October 2023. WIPRO Q3 GUIDANCE- IT Services Revenue Growth is estimated to be in the range of -2% to 0%. IT Services Revenue is estimated to be in the range of $260.7 to $266 Cr. Company gifted bonus shares- IT company Wipro has given bonus shares the most number of times. The company has given bonus shares a total of 14 times. One bonus for one was announced in the board meeting of the company held on October 17. Wipro is the only company to do so. Wipro will announce quarterly results. In the year 2019, it gave one bonus share for three. In the year 2017, one bonus share was given for one. In the year 2010, the company gave two bonus shares for three.
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