{"id":4460,"date":"2024-10-17T16:40:43","date_gmt":"2024-10-17T11:10:43","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=4460"},"modified":"2024-10-17T16:40:44","modified_gmt":"2024-10-17T11:10:44","slug":"wipro-q2-fy25-results-net-profit-surges-21-to-%e2%82%b93209-crore-11-bonus-share-announced","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/wipro-q2-fy25-results-net-profit-surges-21-to-%e2%82%b93209-crore-11-bonus-share-announced\/","title":{"rendered":"Wipro Q2 FY25 Results: Net Profit Surges 21% to \u20b93,209 Crore; 1:1 Bonus Share Announced"},"content":{"rendered":"\n<p>Wipro announced a 21% rise in net profit for Q2 FY25, reaching \u20b93,209 crore, compared to \u20b92,646 crore in the same quarter last year. The IT services giant also declared a 1:1 bonus share issue, rewarding shareholders amid a challenging market environment.<\/p>\n\n\n\n<p>Revenue for the July-September quarter declined slightly by 1% year-on-year to \u20b922,302 crore, falling short of the projected \u20b922,219 crore. The company reported total bookings of $3.56 billion, with large deal bookings amounting to $1.49 billion, reflecting a 28.8% increase sequentially.<\/p>\n\n\n\n<p>The operating margin of Wipro&#8217;s IT services business expanded to 16.8% due to cost optimization and improved utilization. &#8220;We saw strong performances in the key sectors of BFSI, Consumer, and Technology,&#8221; highlighted CEO Srini Pallia.<\/p>\n\n\n\n<p><em>Do&nbsp;you have a news tip for Lakshmishree reporters? Please email us at&nbsp;<\/em>media@lakshmishree.com<\/p>\n\n\n\n<p><sub><sup>Source:\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/business\/earnings\/wipro-q2-net-profit-rises-21-to-rs-3227-cr-announces-bonus-shares-in-proportion-of-11-12844056.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/earnings\/wipro-q2-net-profit-rises-21-to-rs-3227-cr-announces-bonus-shares-in-proportion-of-11-12844056.html\" rel=\"noreferrer noopener\">Moneycontrol<\/a><\/sup><\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wipro announced a 21% rise in net profit for Q2 FY25, reaching \u20b93,209 crore, compared to \u20b92,646 crore in the same quarter last year. The IT services giant also declared a 1:1 bonus share issue, rewarding shareholders amid a challenging market environment. Revenue for the July-September quarter declined slightly by 1% year-on-year to \u20b922,302 crore, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4461,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[520],"class_list":["post-4460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-wipro-q2-results"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=4460"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4460\/revisions"}],"predecessor-version":[{"id":4462,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4460\/revisions\/4462"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/4461"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=4460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=4460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=4460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}