Wipro | Wipro Q2 result: Wipro management confident of resil

Wipro | Wipro Q2 result: Wipro management confident of resilient Q3 and expansion when the market eases

Wipro CEO Thierry Delaporte discussed the company's Q2 performance and the challenges posed by a slowing market and reduced discretionary spending. He emphasized that there have been no client cancellations or one-off events, but rather a decrease in discretionary spending. Delaporte also noted that the consulting business has been impacted by the slower market. The company's CFO, Aparna Iyer, mentioned that Q3 will be a challenging quarter due to seasonality and wage hikes. However, Wipro remains positive about their strong deal wins and pipeline

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