Wipro logs higher net and revenue in Q1

Wipro Ltd on Thursday said it closed the first quarter of FY24 with higher revenue and after tax profit as compared to the corresponding period of the previous year.

Wipro shares drop 7 per cent as firm reports 9% decline in Q2 profit

The shares of Wipro were trading at Rs 378.95 at 12.56 pm in the afternoon, down 7.11 per cent from the previous close. The IT major reported a decline of 9.27 per cent in its consolidated profit after tax at Rs2,659 crore for the quarter ended September 2022. The PAT of the firm was Rs2,930 crore in the year-ago period.