• Business

    • Wipro Announces Results for the Quarter Ended March 31, 2025

    By on April 16, 2025

    BENGALURU:
    Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, announced its financial results under International Financial Reporting Standards (IFRS) for the quarter ended March 31, 2025.

    Highlights of the Results
    Gross revenue was at ₹22,500 crore ($2,634.2 million1), an increase of 0.8% QoQ and 1.3% YoY.
    Net income for the quarter was at ₹3570 Crore ($417.8 million1), an increase of 6.4% QoQ and 25.9% YoY.
    Total bookings3 was at $3,955 million. Large deal bookings4 was at $1,763 million, an increase of 48.5% YoY in constant currency2.
    IT services operating margin5 for the quarter was at 17.5%, flat QoQ and expansion of 1.1% YoY.
    Earnings per share for the quarter was at ₹3.4 ($0.041), an increase of 6.2% QoQ and 25.8% YoY.

    Wipro today announced that in the quarter ended March 31, 2025, the company has clocked INR 22,500 crore gross revenue and INR 3,570 crore in profit. The IT services margin for the quarter was 17.5% which has expanded by 1.1% on YoY basis. In this quarter, the company booked large deals to the tune of $1,763 million, which is 48.5% higher YoY in constant currency.

    Srini Pallia, CEO and Managing Director, said, “We concluded the year with two mega deal wins, an increase in large deals bookings, and growth in our top accounts accompanied by higher client satisfaction scores. Additionally, we improved margins while continuing to invest in our people and building consulting and AI capabilities. As clients remain cautious due to high uncertainty in the macro environment, our focus is on guiding them through this period while striving for consistent, profitable growth.”

    Iscea

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