Wipro First Quarter Results Top Estimates as Indian IT Firm Sees some Strong Client Spending
4 Articles
4 Articles
Wipro first quarter results top estimates as Indian IT firm sees some strong client spending
BENGALURU :Wipro beat June-quarter estimates as improved client spending in parts of its Americas business boosted performance and forecast current-quarter revenue in line with expectations.The results and forecast eased investor concerns after months of subdued outlook, sending U.S.-listed shares of the comp
Delhi HC orders Wipro to compensate ex-employee over defamatory remarks
The Delhi High Court has directed Wipro to pay Rs 2 lakh to a former employee for including defamatory statements in his relieving letter. The court found that the remarks made in the letter were damaging to the individual’s professional reputation and integrity. The employee, who worked as a principal consultant at Wipro from March 2018 to June 2020, approached the court after receiving a relieving letter that described his conduct as “maliciou…
Wipro Q1 Results: Profit Falls 7%; Q2 Revenue Guidance At -1% To 1%
Wipro Ltd. has issued a cautious revenue guidance for the second quarter of the fiscal, even as deal wins show encouraging momentum. The Bengaluru-based IT major posted its first-quarter results on Thursday. The company recorded a decrease in net profit in the first quarter of fiscal 2026, but met analysts' estimates. The Indian IT major saw its bottom line fall 7% over the previous three months to Rs 3,336 crore in the quarter ended June
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