Wipro announces results for the quarter ended December 31, 2024

Wipro Limited(NYSE:WIT,BSE:507685,NSE:WIPRO),a leading technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter ended December 31, 2024.
Highlights of the Results

Revenue grows 0.1% QoQ, above upper end of guidance

Operating margin 12 quarter high at 17.5%; Expands 0.7% QoQ

Net income grows 24.5% YoY and 4.5% QoQ;

EPS growth of 24.4% YoY

Operating cash flows at 146.5% of net income.

Results for the Quarter ended December 31, 2024:

Gross revenue was at ₹223.2billion($2,608.9million1),an increase of 0.1% QoQ and 0.5% YoY

Earnings per share for the quarter was at ₹3.21($0.041),an increase of 4.6% QoQ and 24.4% YoY.

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