Wipro Ltd. has reported its Q2FY25 earnings, showcasing revenue growth for the first time in six quarters. The IT services giant also announced a significant bonus share issuance to its shareholders, highlighting a strong performance and a positive outlook.
Key Financial Highlights:
Large Deal Bookings:
Wipro achieved large deal bookings of $1.5 billion, the highest in 10 quarters, reinforcing its ability to secure substantial business amidst challenging conditions.
Bonus Shares Announcement:
Operational Highlights:
Outlook for Q3FY25:
Promoter Holding and Stock Performance:
With strong deal wins, improved margins, and solid cash flow, Wipro's Q2 results reflect an optimistic turnaround after several challenging quarters. The bonus share issuance adds further value for long-term investors, marking a significant milestone for the company.
Download the App Today
