Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Wipro Limited (WIT)
NYSE:WIT
Holding WIT?
Track your performance easily
Earnings Data
Report Date
Apr 17, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
0.04Last Year’s EPS
0.03Same Quarter Last Year
Based on 4 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 24, 2018
|% Change Since: 0.00%
|Next Earnings Date:Jul 20, 2018
Earnings Call Sentiment|Neutral
The earnings call reflected a balance between positive developments such as strong bookings, large deal wins, and growth in key sectors like BFSI, contrasted by challenges in Europe, Manufacturing, and Energy & Utilities. The guidance for Q3 indicates potential headwinds, but the company's strategic priorities and large deal momentum suggest potential for future growth.Company Guidance
During the Q2 2025 earnings call for Wipro, the company reported achieving its revenue expectations, with IT services revenue reaching $2.66 billion, marking a sequential growth of 0.6% in constant currency. Operating margins improved to 16.8%, expanding by 35 basis points quarter-on-quarter and 71 basis points year-on-year. Total bookings for the quarter stood at $3.6 billion, an 8.4% increase from the previous quarter, with significant contributions from Capco business, which grew by 3.2% sequentially and 6.9% year-on-year. The company highlighted strong performance in its strategic market units, with Americas 1 and 2 seeing sequential growth of 1.2% and 0.8%, respectively. However, Europe faced a slight decline of 0.1% due to demand challenges. Wipro's top accounts showed robust expansion, with the top account growing by 4% sequentially and top 5 accounts by 6.2%. The company secured 19 large deals with a total contract value of $1.489 billion, a 29% increase sequentially. For Q3, Wipro anticipates revenue growth to range from minus 2% to 0% in constant currency, affected by seasonal factors and client-specific challenges, but expects to maintain its margin within a narrow band.Revenue and Margin Growth
IT Services revenue for Q2 was $2.66 billion with a sequential growth of 0.6%. Operating margins expanded to 16.8%, an increase of 35 basis points quarter-on-quarter and 71 basis points year-on-year.
Strong Total Bookings
Total bookings for the quarter were $3.6 billion, reflecting an 8.4% increase quarter-on-quarter.
Capco Business Success
Capco business grew 3.2% quarter-on-quarter and 6.9% year-on-year, showing continued traction.
BFSI Sector Performance
BFSI experienced 2.7% sequential growth, marking the third consecutive quarter of growth, driven primarily by the Americas.
Large Deal Wins
19 large deals were booked with a TCV of $1,489 million, showing a growth of 29% sequentially and 16.8% year-on-year.
Employee Training in AI
Over 44,000 employees have been trained and certified on advanced AI, with significant usage of AI developer tools across the company.
Bonus Shares Announcement
The Board of Directors recommended the issuance of bonus shares to shareholders in a 1:1 ratio.
---
WIT Earnings History
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
---
WIT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 17, 2025 | $3.44 | ― | ― |
| Oct 17, 2024 | $3.21 | $3.18 | -0.93% |
| Jul 19, 2024 | $3.44 | $3.04 | -11.63% |
| Apr 19, 2024 | $2.58 | $2.62 | +1.55% |
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 (WIT) report earnings?
Wipro Limited (WIT) is schdueled to report earning on Apr 17, 2025, TBA Not Confirmed.
What is Wipro Limited (WIT) earnings time?
Wipro Limited (WIT) 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.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WIT EPS forecast?
WIT EPS forecast for the fiscal quarter 2025 (Q4) is 0.04.
---