Wipro Q2 Results Live : Wipro declared its Q2 results on 17 October 2024, showcasing a mixed performance. The company reported a revenue decrease of 0.95% year-over-year (YoY), yet managed to achieve a significant profit increase of 21.26% YoY.

Wipro , India's fourth-largest software company, posted higher-than-expected second-quarter revenue on Thursday, helped by a revival in spending by its clients in the U.S. communications sector.

Shares of IT behemoth and the country's fourth-largest IT company, Wipro, surged nearly 4% today after the company's board of directors approved a 1:1 bonus issue. This also comes on the back of positive Q2 results declared by the company yesterday.

IT giant Wipro announced on Thursday reported its quarterly results ending on September 31, 2024. The IT giant posted a 21% surge in its net profit to ₹ 3,209 crore, compared to ₹ 2,646 crore in the same period last year.

Wipro's shares surged nearly 6% after a 21.2% rise in Q2 FY25 net profit, despite a slight revenue decline. The firm achieved strong execution in several sectors but anticipates revenue challenges in the next quarter due to fewer working days.

Wipro Ltd (NYSE:WIT) stock slid after the company reported second-quarter results. The company reported gross revenue of 223.0 billion rupees ($2.66 billion), down by 1.0% year-on-year, missing the analyst consensus estimate of $2.

IT company Wipro on Thursday reported a 21.2 per cent increase in its consolidated net profit to Rs 3,208.8 crore for the second quarter of FY25. It had reported a profit of Rs 2,646.3 crore in the year-ago period.

Wipro posted its earnings for the quarter ended September on Thursday evening after market close. What Happened: Wipro posted a consolidated net profit of ₹3,208.8 crore, a 21% jump from the ₹2,646 crore net profit posted in the same quarter last year.