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17th Apr 2025 · SEBI-Registered Analyst

Wipro (₹452.85)

Q4FY24 Results: Reported a net profit of ₹2,835 crore, marking a 7.8% year-on-year decline. Revenue stood at ₹22,208 crore, down 4.2% from the previous year. Outlook: Forecasts a sequential revenue decline of 1.5% to 3.5% for Q1FY25 due to macroeconomic uncertainties and cautious client spending. Stock Movement: Shares dropped 5.5% following the earnings announcement and subdued guidance.

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