Wipro s net profit in Q4FY24 was ₹2835 crore with voluntary attrition at 14.2%. The company s headcount decreased by 6,180 employees for the quarter and by 24,516 for the full year.
Wipro s board of directors has reappointed Azim H. Premji as Non-Executive, non-independent director of the company while re-appointing Rishad A. Premji as the whole-time director for a period of five years with effect from July 31, 2024, to July 30, 2029.
Wipro Q4 Results: Wipro reported an 8% YoY decrease in net profit to Rs 2,835 crore for the quarter ended March 2024. PAT is slightly below estimates. Operating margins at 16.4%. Future outlook optimistic with a focus on AI transformation.