Wipro Limited

$WIT
EDP Services
Technology

Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. It operates through three segments: IT Services, IT Products, and India State Run Enterprise Services (ISRE). The IT Services segment offers IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology consulting, IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, infrastructure, analytics, business process, research and development, and hardware and software design services to enterprises. It serves customers in various industry sectors, such as healthcare and medical devices, consumer goods and life sciences, retail, transportation and services, communications, media and information services, technology products and platforms, banking, financial services and insurance, manufacturing, hi-tech, energy, and utilities. The IT Products segment provides a range of third-party IT products comprising enterprise platforms, networking solutions, software and data storage products, contact center infrastructure, enterprise security, IT optimization technologies, video solutions, and end-user computing solutions. It serves enterprises in various industries primarily in the India market, which comprise the government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services sectors. The ISRE segment offers IT services to entities and/or departments owned or controlled by the Government of India and/or various Indian State Governments. Wipro Limited has a collaboration agreement with FEV Europe GmbH to develop and market software defined vehicles. The company was incorporated in 1945 and is based in Bengaluru, India.

IPO Year:

Exchange: NYSE

Website: wipro.com

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Recent Analyst Ratings for Wipro Limited

DatePrice TargetRatingAnalyst
4/8/2025Hold → Underperform
Jefferies
1/2/2025Sell → Neutral
UBS
12/9/2024Reduce → Hold
HSBC Securities
10/3/2024Hold → Sell
Investec
7/2/2024Buy
Nomura
1/17/2024$5.20Underperform
Exane BNP Paribas
8/22/2023Sell
Goldman
5/23/2023$4.30Underweight
JP Morgan
3/22/2023$5.09 → $3.90Mkt Perform → Underperform
Bernstein
10/13/2022Neutral → Underperform
Credit Suisse
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Wipro Limited Press Releases

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  • Wipro Announces Results for the Quarter and Year Ended March 31, 2025

    Net income grew 6.4% QoQ in Q4'25 and grew 18.9% YoY for FY'25 FY'25 margin at 17.1%, expands 0.9%, Q4 margin at 17.5%, expands 1.1% YoY Large deal booking grew 48.5% YoY in Q4'25 and grew 17.5% YoY for FY'25 Operating cash flow at 104.4% of net income for Q4'25 and 128.2% for FY'25 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 and year ended March 31, 2025. Highlights of the Results Results for the Quarter ended March 31, 2025: Gross revenue at Rs 225.0 billion ($2,634.2 million1), an increase of 0.8% QoQ and 1.3% YoY. IT

    $WIT
    EDP Services
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  • Wipro Limited to Announce Results for the Fourth Quarter Ended March 31, 2025, on April 16, 2025

    Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO)) a leading technology services and consulting company, will announce results for the fourth quarter ended March 31, 2025, on Wednesday, April 16, 2025, after stock market trading hours in India. The results will be available in the Investors section of the company's website at www.wipro.com/investors/. At 7:00 PM IST* (9:30 AM US Eastern time) following the results announcement, the senior management will discuss the company's performance for the quarter and answer questions sent by 6:30 PM IST* (9:00 AM US Eastern time) to: dipak.bohra@wipro.com or abhishek.jain2@wipro.com. The audio from the conference call will be available online throu

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  • ColorTokens Partners with Wipro to Enhance Cyber Resilience With a Breach Ready Security Solution for Global Enterprises

    SAN JOSE, Calif., March 13, 2025 /PRNewswire/ -- ColorTokens Inc., a global leader in enterprise microsegmentation, today announced a strategic partnership with Wipro Limited, a leading technology services and consulting company, to launch Breach Ready Security Solution — an AI-powered Zero Trust microsegmentation security defense solution tailored for global enterprises. Breach Ready Security Solution offers comprehensive visualization of the security landscape with real-time risk identification. Enterprises get ransomware and malware impact mitigation for all workloads and endpoints, including cloud environments, IoT/OT devices and data centers to minimize any operational disruption. The

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  • Wipro Launches TelcoAI360 at Mobile World Congress 2025

    Developed in collaboration with Wipro's AI partner ecosystem, the platform delivers automation, enhanced security, and scalable AI to global telcos Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO)), a leading technology services and consulting company, today launched TelcoAI360 to transform operations for telcos by leveraging AI. The AI-first Managed Services platform will empower telcos to roll out differentiated technology solutions at scale and speed, while delivering better customer experience at a fraction of the cost. TelcoAI360 integrates Wipro's domain expertise with AI-powered tools and solutions, enabling Communication Service Providers (CSPs) to significantly reduce operationa

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  • Veuu announces Partnership with Wipro to facilitate instant payments in healthcare

    TAMPA, Fla., Feb. 13, 2025 /PRNewswire/ -- Veuu, a cutting-edge healthcare FinTech, has unveiled a strategic partnership with Wipro Limited, a leading technology services and consulting company, to bridge the gap between providers and payers by transforming the payment process with an AI-powered instant payments platform. This collaboration marks a significant alliance in the healthcare sector, delivering essential improvements to claims payments within the industry. By introducing instant payments, Veuu is transforming the healthcare payment process through immediate reimburs

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  • Ancora Nominates Majority Slate of Director Candidates and Proposes Industry Legend Alan Kestenbaum as New CEO to Turn Around U.S. Steel

    Aims to Install an Independent Slate and Legendary CEO Committed to Abandoning the Blocked Nippon Deal, Collecting the $565 Million Breakup Fee and Making U.S. Steel Great Again in the Public Market Believes the Board's Decision to Pursue a Risky Sale to Nippon – an Overseas Bidder Paying Just $1 Per Share More Than the Top Domestic Bidder – Has Led to a Dead End Contends the Board and CEO David Burritt, Who Collectively Stood to Receive $100+ Million if the Sale Proceeded, Prioritized Deal Advocacy at the Expense of Financial Health and Operational Performance Expresses Concern About the Board and Mr. Burritt Continuing to Devote Immense Resources to Litigation Despite Legal Headwind

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  • Wipro Announces Results for the Quarter Ended December 31, 2024

    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. 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 Results for the Quarter ended December 31, 2024: Gross revenue was at Rs 223.2 billion ($2,608.9 million1), an increase of 0.1% QoQ and 0.5% YoY. IT services segment revenue was at $2,629.1 million, decr

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    EDP Services
    Technology
  • Wipro Limited to Announce Results for the Third Quarter Ended December 31, 2024, on January 17, 2025

    Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO)) a leading technology services and consulting company, will announce results for the third quarter ended December 31, 2024, on Friday, January 17, 2025, after stock market trading hours in India. The results will be available in the Investors section of the company's website at www.wipro.com/investors/. At 7:00 PM IST* (8:30 AM US Eastern time) following the results announcement, the senior management will discuss the company's performance for the quarter and answer questions sent by 6:30 PM IST* (8:00 AM US Eastern time) to: dipak.bohra@wipro.com or abhishek.jain2@wipro.com. The audio from the conference call will be available online th

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  • Wipro and Netskope Partner to Offer Cybersecurity Optimization Advisory Services

    Wipro CyberTransformSM Optimization Service enhances business value by boosting cybersecurity performance and reducing costs Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO)), a leading technology services and consulting company, today announced a partnership with Netskope, a Secure Access Service Edge (SASE) leader, to provide global enterprises with an integrated service that optimizes and improves cybersecurity outcomes for people, processes, and technology investments. Wipro's CyberTransformSM Optimization Service, powered by Netskope, analyzes organizations' current cybersecurity and infrastructure investments, provides consolidation guidelines, and delivers cost-optimized methods

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  • Wipro Launches 'Google Gemini Experience Zone' to Accelerate AI-Driven Innovation for Enterprises

    Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO)), a leading technology services and consulting company, and Google Cloud today announced the launch of Wipro's Google Gemini Experience Zone, a new in-person experience where Wipro customers can see the power of Google's AI technologies and work with Wipro to identify the optimal generative AI use cases for their businesses. Wipro's Google Gemini Experience Zone will be hosted at Wipro's innovation labs in Silicon Valley Innovation Center, Mountain View. A similar experience zone will soon be set up in Bengaluru. These zones will serve as spaces where enterprises can gain hands-on experience with Google's AI technology, including Gemini mod

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Wipro Limited Analyst Ratings

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Wipro Limited Leadership Updates

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  • Wipro Appoints Srikumar Rao as Global Head of Its Engineering Edge Business Line

    Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, today announced the appointment of Srikumar Rao as Global Head of its Engineering Edge Business Line, effective from October 5, 2024. Srikumar succeeds Harmeet Chauhan, who is stepping down to pursue opportunities outside the organization. Srikumar will report to Srini Pallia. Srikumar has been with Wipro for 26 years and has grown with the organization, serving in various leadership roles. He was most recently the Chief Operating Officer (COO) of Wipro Engineering Edge (WEE) and Global Practice Head of Embedded Systems. His work has spanned several markets, selling and delivering

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    EDP Services
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  • Wipro Appoints Sanjeev Jain as Chief Operating Officer

    Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, today announced the appointment of Sanjeev Jain as the Chief Operating Officer effective immediately. Sanjeev succeeds Amit Choudhary, who is stepping down to pursue opportunities outside the organization. Sanjeev will report to Srinivas Pallia and will continue to be a member of Wipro's Executive Committee. Sanjeev joined Wipro in 2023 as the Global Head of Business Operations. He brings over 30 years of experience in leading large, diverse teams, scaling up global operations, and deploying Lean Six Sigma and design thinking principles to drive operational excellence and business tr

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  • Wipro Appoints Vinay Firake as Chief Executive Officer for APMEA Strategic Market Unit

    Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, today announced the appointment of Vinay Firake as the Chief Executive Officer, APMEA (Asia Pacific, India, Middle East & Africa) Strategic Market Unit (SMU), effective immediately. Vinay will report to Srini Pallia and will also join the Wipro Executive Board. Vinay has been with Wipro for 26 years and has grown with the organization, serving in various leadership roles. He was most recently the Senior Vice President and Managing Director of Wipro-Nordics Business Unit based in Stockholm, where he led Operations across all industries and services. Prior to that, he led the Manufactu

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  • Wipro Appoints Malay Joshi as Chief Executive Officer for Americas 1 Strategic Market Unit

    Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, announced today the appointment of Malay Joshi as Chief Executive Officer of Wipro Americas 1 Strategic Market Unit, effective immediately. Malay succeeds Srini Pallia, who was appointed as Chief Executive Officer and Managing Director of Wipro Limited on April 6. Malay will also join the Wipro Executive Board. Malay was previously the Senior Vice President and Business Unit Head, leading the Communications, Media, Tech, Retail, Travel, Hospitality and Public Sector industries, which make up one of Wipro's largest business units globally. In this role, he was responsible for helping

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  • Wipro Appoints Srini Pallia as CEO & Managing Director

    Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, today announced the appointment of Srini Pallia as the Chief Executive Officer and Managing Director of the Company, effective immediately. He succeeds Thierry Delaporte, who, after spearheading a significant transformation at Wipro for the last four years, is stepping down to pursue passions outside the workplace. Srini has been with Wipro for over three decades and most recently served as the CEO for Americas 1, Wipro's biggest and fastest growing strategic market. In this role, he oversaw diverse industry sectors, established their vision, and implemented growth strategies, result

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  • Wipro Appoints Anne-Marie Rowland as CEO of Capco

    Lance Levy assumes a Strategic Advisor role to continue to support Capco and Wipro's overall Consulting strategy Wipro (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, today announced that Anne-Marie ("Annie") Rowland has been appointed to the role of Capco's Chief Executive Officer. Rowland is currently Managing Partner of Capco's business in the United Kingdom and Ireland and a member of Capco's Global Leadership Team. She will take on the CEO role effective April 1, 2024. As CEO of Capco, Rowland will report to Wipro CEO and Managing Director Thierry Delaporte and will become a member of Wipro's Executive Committee (WEC). Lance Levy, who

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  • General Motors, Magna, and Wipro Team Up to Develop Automotive Software Marketplace: 'SDVerse'

    SDVerse serves as a ‘matchmaking' platform between buyers and sellers of embedded automotive softwareFocuses on matching automotive software buyers and sellers, over captive software developmentThe digital platform increases transparency and reduces inefficiencies in software development and procurementAmpere*, FEV, Forvia, HL Mando, NXP Semiconductors, TTTech Auto, and Valeo lead a "Launch Partner" group supporting SDVersePrashant Gulati has been named CEO of the new SDVerse organization effective March 5th, 2024 DETROIT, March 05, 2024 (GLOBE NEWSWIRE) -- General Motors (GM), global automotive supplier Magna, and leading technology services and consulting company Wipro Limited, have tea

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  • Wipro Appoints Aparna C Iyer as Chief Financial Officer

    Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, today announced that it is appointing Aparna C Iyer as Chief Financial Officer, effective immediately. Aparna will report to CEO Thierry Delaporte and will join the Wipro Executive Board. She succeeds Jatin Dalal, who is stepping down as CFO to pursue other career opportunities. "Aparna is an accomplished and results-driven leader. Throughout her 20-year career with Wipro, she has been a dynamic, forward-thinking strategic partner to our business leaders," said Thierry Delaporte, Chief Executive Officer and Managing Director, Wipro Limited. "Aparna has been integral to our finance tr

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  • Wipro Appoints Suzanne Dann as Chief Executive Officer for Americas 2 Strategic Market Unit

    Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, announced today the appointment of Suzanne Dann as Chief Executive Officer of Wipro Americas 21 Strategic Market Unit, effective immediately. Dann will also join the Wipro Executive Board. In her new role, Dann will focus on increasing bookings, large deal signings, and revenue in high-growth strategic areas. She will also direct operational changes to improve margins and continue investments in talent to serve clients' changing needs. "Suzanne's focus on deepening client relationships and understanding their business challenges have been instrumental to the outstanding growth we exp

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  • Wipro Limited Appoints Päivi Rekonen to its Board

    Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, announced the appointment of Ms. Päivi Rekonen to its Board of Directors for five years effective October 1st, 2022, subject to the approval of shareholders. Päivi Rekonen will serve as an Independent Director on the Board, bringing over 25 years of experience in technology as well as in banking and services. Ms. Rekonen is Chair of The Board of Directors of SEBA Bank AG in addition to being a Member of the Board at Konecranes Plc, WithSecure Plc, and Efecte Plc. Her international career has been shaped by executive leadership roles in functions including technology, human resources,

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Wipro Limited Financials

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  • Wipro Announces Results for the Quarter and Year Ended March 31, 2025

    Net income grew 6.4% QoQ in Q4'25 and grew 18.9% YoY for FY'25 FY'25 margin at 17.1%, expands 0.9%, Q4 margin at 17.5%, expands 1.1% YoY Large deal booking grew 48.5% YoY in Q4'25 and grew 17.5% YoY for FY'25 Operating cash flow at 104.4% of net income for Q4'25 and 128.2% for FY'25 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 and year ended March 31, 2025. Highlights of the Results Results for the Quarter ended March 31, 2025: Gross revenue at Rs 225.0 billion ($2,634.2 million1), an increase of 0.8% QoQ and 1.3% YoY. IT

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  • Wipro Limited to Announce Results for the Fourth Quarter Ended March 31, 2025, on April 16, 2025

    Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO)) a leading technology services and consulting company, will announce results for the fourth quarter ended March 31, 2025, on Wednesday, April 16, 2025, after stock market trading hours in India. The results will be available in the Investors section of the company's website at www.wipro.com/investors/. At 7:00 PM IST* (9:30 AM US Eastern time) following the results announcement, the senior management will discuss the company's performance for the quarter and answer questions sent by 6:30 PM IST* (9:00 AM US Eastern time) to: dipak.bohra@wipro.com or abhishek.jain2@wipro.com. The audio from the conference call will be available online throu

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  • Ancora Nominates Majority Slate of Director Candidates and Proposes Industry Legend Alan Kestenbaum as New CEO to Turn Around U.S. Steel

    Aims to Install an Independent Slate and Legendary CEO Committed to Abandoning the Blocked Nippon Deal, Collecting the $565 Million Breakup Fee and Making U.S. Steel Great Again in the Public Market Believes the Board's Decision to Pursue a Risky Sale to Nippon – an Overseas Bidder Paying Just $1 Per Share More Than the Top Domestic Bidder – Has Led to a Dead End Contends the Board and CEO David Burritt, Who Collectively Stood to Receive $100+ Million if the Sale Proceeded, Prioritized Deal Advocacy at the Expense of Financial Health and Operational Performance Expresses Concern About the Board and Mr. Burritt Continuing to Devote Immense Resources to Litigation Despite Legal Headwind

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  • Wipro Announces Results for the Quarter Ended December 31, 2024

    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. 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 Results for the Quarter ended December 31, 2024: Gross revenue was at Rs 223.2 billion ($2,608.9 million1), an increase of 0.1% QoQ and 0.5% YoY. IT services segment revenue was at $2,629.1 million, decr

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  • Wipro Limited to Announce Results for the Third Quarter Ended December 31, 2024, on January 17, 2025

    Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO)) a leading technology services and consulting company, will announce results for the third quarter ended December 31, 2024, on Friday, January 17, 2025, after stock market trading hours in India. The results will be available in the Investors section of the company's website at www.wipro.com/investors/. At 7:00 PM IST* (8:30 AM US Eastern time) following the results announcement, the senior management will discuss the company's performance for the quarter and answer questions sent by 6:30 PM IST* (8:00 AM US Eastern time) to: dipak.bohra@wipro.com or abhishek.jain2@wipro.com. The audio from the conference call will be available online th

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  • Wipro Announces Results for the Quarter Ended September 30, 2024

    Net income grew 6.8% QoQ and 21.3% YoY. IT Services revenue grew 1.3% QoQ. Margin expands 35 basis points QoQ. Large Deal Bookings at $1.5 billion, highest in 10 quarters. Operating cash flows at 132.3% of net income. 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 September 30, 2024. Highlights of the Results Results for the Quarter ended September 30, 2024: Gross revenue was at Rs 223.0 billion ($2,662.6 million1), an increase of 1.5% QoQ and decrease of 1.0% YoY. IT services segment revenue was at $2,660.1 million, an

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  • Wipro Limited to Announce Results for the Second Quarter Ended September 30, 2024, on October 17, 2024

    Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))) a leading technology services and consulting company, will announce results for the second quarter ended September 30, 2024, on Thursday, October 17, 2024, after stock market trading hours in India. The results will be available in the Investors section of the company's website at www.wipro.com/investors/. At 7:00 PM IST* (9:30 AM US Eastern time) following the results announcement, the senior management will discuss the company's performance for the quarter and answer questions sent by 6:30 PM IST* (9:00 AM US Eastern time) to: dipak.bohra@wipro.com or abhishek.jain2@wipro.com. The audio from the conference call will be available online

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  • Wipro Announces Results for the Quarter Ended June 30, 2024

    Large Deal Bookings at $1.2 billion. IT Services Margin expands 0.4% YoY. EPS increases 9.9% YoY. Operating cash flows at 131.6% of net income. 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 June 30, 2024. Highlights of the Results Results for the Quarter ended June 30, 2024: Gross revenue was at Rs 219.6 billion ($2,635.8 million1), a decrease of 1.1% QoQ and 3.8% YoY. IT services segment revenue was at $2,625.9 million, a decrease of 1.2% QoQ and decrease of 5.5% YoY. Non-GAAP2 constant currency IT Services se

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  • Wipro Limited to Announce Results for the First Quarter Ended June 30, 2024, on July 19, 2024

    Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, will announce results for the first quarter ended June 30, 2024, on Friday, July 19, 2024, after stock market trading hours in India. The results will be available in the Investors section of the company's website at www.wipro.com/investors/ At 7:00 PM IST* (9:30 AM US Eastern time) following the results announcement, the senior management will discuss the company's performance for the quarter and answer questions sent by 6:30 PM IST* (9:00 AM US Eastern time) to: dipak.bohra@wipro.com or abhishek.jain2@wipro.com The audio from the conference call will be available online through a

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  • Wipro Announces Results for the Quarter and Year ended March 31, 2024

    IT services segment operating margin increases 40 bps QoQ. Net income increases 5.2% QoQ. FY 24 Large deal bookings at $4.6 billion, a YoY increase of 17.4%. Operating cash flows at 158.6% of net income for the year. 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 and year ended March 31, 2024. Highlights of the Results Results for the Quarter ended March 31, 2024: Gross revenue reached Rs 222.1 billion ($2.7 billion1), flat QoQ. IT services segment revenue was at $2,657.4 million, an increase of 0.1% QoQ and decrease of

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Wipro Limited Large Ownership Changes

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