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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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Wipro announces 100% variable pay for its employees, Will release with November payroll

The company said the variable pay will be released along with the November payroll. ....

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Wipro Q2 Result: Wipro shares FALLS 7 % after company 9% profit decline in Q2

Wipro reported that its consolidated revenue grew 14.6% to Rs22,540 crore as compared to Rs19,667 crore in the same period a year ago. ....

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Infosys Q2 Result: Company reports 11% consolidated net profit in Q2 of this fiscal year

The company`s revenue from operations jumped by 23.4 per cent to Rs 36,538 crore for the quarter ended September 30, 2022 as compared to Rs 29,602 crore recorded in the corresponding quarter of the previous year. ....

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Wipro Q2 consolidated profit up by 17% to Rs 2,930.6 crore

IT company Wipro posted a 17 per cent jump in consolidated net profit to Rs 2,930.6 crore for the quarter ended on September 30, 2021. The company had posted a net profit of Rs 2,484.4 crore in the same period a year ago. Wipro said that it has surpassed USD 10 billion (around Rs 75,300 crore) annualised revenue run rate and is in position to hire 25,000 people in the next financial year. The company is also resuming work back from office in a staggered manner starting with fully vaccinated ....

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