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Wipro Jan-Mar net profit, sales up QoQ; sales misses Street view

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Earnings Review

Wipro Jan-Mar net profit, sales up QoQ; sales misses Street view

This story was originally published at 20:13 IST on April 16, 2025  Back
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By Arya S. Biju

Information technology major Wipro Ltd. reported mixed earnings for the March quarter, with the bottom line surpassing analysts' estimates and the top line slightly missing it. The mid-single-digit sequential rise in consolidated net profit for the quarter was supported by a marginal rise in total expenses due to a 0.3% rise in employee benefit expenses and low-single-digit fall in subcontracting and technical fees. The company also reported a 2.3% year-on-year fall in revenues in constant currency terms for the full year ended Mar. 31.

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