In November last year, Wipro sued its former chief financial officer Jatin Dalal. The matter was referred to arbitration by the Bengaluru City Civil Court. Dalal was charged of violating the non-compete clause in his employment contract.
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Wipro showcases best Q4 results in a decade and eyes double digit growth next year
Prabhjote GillApr 15, 2021, 18:33 IST
Wipro pegs revenue growth to be between 11% to 13% in FY22 along with operating margins between 19% to 19.2%Wipro
According to
Wipro CEO Thierry Delaporte, this was the company s best fourth quarter in the last 10 years.
He believes that Wipro s revenue may grow from anywhere between 11% to 13% in the coming twelve months.
The company has issued a guidance of between 2% to 4% for the first quarter of FY22.
Meanwhile, the IT giant also expects its operating margin to slide further with the Capco integration to between 19% to 19.2%.Wipro just posted its best-ever fourth quarter results in a decade, according to CEO Thierry Delaporte. Its revenue from IT services grew 3.9% between the months of January to March, clocking in at $2.15 billion. Net profit saw than a 0.1% increase as compared to the previous quarter, but on a yearly basis grew by 27.8%.