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Wipro stock hits 10% upper circuit after Q2 earnings beat expectations, expects sequential growth of 2-4% in IT services biz revenue

Wipro Q2 results: Net profit up 18 9% at Rs 2,930 cr

The company expects its revenue from IT services business to be in the range of $2,631 million to $2,683 million, translating to a sequential growth of 2 per cent to 4 per cent.

Wipro set for big-ticket hiring as attrition rate widens in Q2; net profit up 18 9% YoY

The attrition rate rose sharply to 20.5 per cent from 15.5 per cent in Q1 as the demand for IT professionals increased. It added a record 11,475 people in Q2.

Wipro clocks its best quarterly results in a decade in Q4 FY21

Wipro clocks its best quarterly results in a decade in Q4 FY21 SECTIONS Last Updated: Apr 16, 2021, 06:54 AM IST Share Synopsis Wipro has forecast 2-4% growth in the quarter to June, setting the base for a double-digit expansion also likely its first in about 10 years. Agencies Bengaluru: Wipro Ltd. has clocked its best quarterly results in nearly a decade in the March quarter, with profit and revenue rising 27% and 3.4%, respectively, on the back of increased deal wins. The Bengaluru-based IT services firm has forecast 2-4% growth in the quarter to June, setting the base for a double-digit expansion also likely its first in about 10 years. The guidance is in line with the optimism shared by peers.

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