Wipro posts 26% jump in Q4 net profit to Rs 3,570 crore

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Wipro‘s net profit for the fourth quarter rose nearly 26% from a year earlier and 6.4% sequentially, helped by currency gains and a fall in sales and marketing expenses, but the worsening global economic uncertainty amid the tariff war has weighed on its revenue growth and forecast.

India’s fourth largest software services exporter posted a net profit of ₹3,570 crore for the quarter ended March 31, in line with analyst estimates tracked by ET. Revenue rose 1.3% from a year earlier to ₹22,504 crore. In dollar terms, Wipro missed its own guidance…



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Wipro posts 26% jump in Q4 net profit to Rs 3,570 crore


Wipro‘s net profit for the fourth quarter rose nearly 26% from a year earlier and 6.4% sequentially, helped by currency gains and a fall in sales and marketing expenses, but the worsening global economic uncertainty amid the tariff war has weighed on its revenue growth and forecast.

India’s fourth largest software services exporter posted a net profit of ₹3,570 crore for the quarter ended March 31, in line with analyst estimates tracked by ET. Revenue rose 1.3% from a year earlier to ₹22,504 crore. In dollar terms, Wipro missed its own guidance…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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