The earnings call presents a mixed sentiment with strong operational performance and margin expansion, but challenges remain in achieving growth, particularly in certain geographies and sectors. The cautious guidance for the next quarter reflects these ongoing challenges.
Company Guidance
In the Wipro Limited Q3 FY '25 earnings call, the company reported an IT Services revenue of $2.63 billion, reflecting a sequential growth of 0.1% and a year-on-year decline of 0.7%, exceeding the upper end of their guidance. The total contract value (TCV) of bookings for the quarter reached $3.5 billion. Operating margins expanded to 17.5%, marking a 12-quarter high with quarter-on-quarter and year-on-year growth of 0.7% and 1.5% respectively. Wipro's Capco business showed improved demand with a 9% year-on-year increase in the order book and an 11% rise in revenue. Among geographic markets, Americas 1 showed sequential and year-on-year growth of 3.9% and 3.7%, respectively, while Europe and APMEA experienced declines. The Health sector saw sequential and year-on-year growth of 6.7% and 4.5%, while BFSI grew 3.4% year-on-year despite a quarterly decline. For the next quarter, Wipro provided a guidance range of minus 1% to plus 1% sequential growth in constant currency terms.
Record Operating Margins
Operating margins reached a 12-quarter high of 17.5%, expanding 0.7% quarter-on-quarter and 1.5% year-on-year.
Strong EPS and Net Income Growth
EPS and net income grew 24% year-on-year and 5% sequentially, driven by margin expansion and better treasury returns.
Capco Business Growth
Capco business saw improved demand with order book growth of 9% year-on-year and revenue growth of 11% year-on-year.
Top Account Growth
Sequential growth of 7.3% in the top account, with top 5 and top 10 accounts growing 3.7% and 1.8% respectively.
AI and Technology Innovation
Significant investment in AI with 50,000 employees holding advanced AI certification and multiple AI-powered wins.
---
Wipro Limited (IN:WIPRO) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
IN:WIPRO Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jan 17, 2025
₹282.44
₹276.36
-2.15%
Oct 17, 2024
₹260.94
₹259.25
-0.65%
Jul 19, 2024
₹281.02
₹273.20
-2.78%
Apr 19, 2024
₹217.82
₹222.01
+1.92%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Wipro Limited (IN:WIPRO) report earnings?
Wipro Limited (IN:WIPRO) is schdueled to report earning on Apr 17, 2025, TBA Not Confirmed.
What is Wipro Limited (IN:WIPRO) earnings time?
Wipro Limited (IN:WIPRO) earnings time is at Apr 17, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.