Wipro Ltd.

NSE: WIPRO | BSE: 507685 | ISIN: INE075A01022 |Industry: IT Consulting & Software
|Expensive Star
448.40 11.15 (2.55%)
NSE Jan 27, 2021 13:14 PM
Volume: 20.8M

Wipro Ltd.    
14 Jan 2021
Motilal Oswal
Wipro (WPRO) reported better-than-expected revenue growth of 3.4% QoQ CC, on the higher end of the guidance band (1.53% QoQ CC). Growth was broad-based across verticals, with five of seven verticals showing good QoQ growth. WPRO's continued margin improvement (+250bp QoQ / +330bp YoY) and strong cash generation (FCF/PAT at 133%) were the key positives in 3Q. In 9MFY21, IT Services reported revenue (USD)/EBIT/PAT of 3.2%/10.2%/6.9%. Wipro reported 12 deal closures and deal TCV of USD1.2b in 3Q, including USD700m from Metro AG. It further guided for USD CC revenue growth of...
Wipro Ltd. has gained 31.24% in the last 3 Months
More from Wipro Ltd.