Wipro Q4FY24 Earnings: Key Highlights | Wipro Stock | Stock AMrket #shorts

IT giant wipro reported its q4fy24 earnings on April 19. Company’s net profit fell 8% to Rs 2,835 crore marginally missing estimates. The company’s Revenue from operations in the period fell 4% year on year to Rs 22,208 crore, beating ET Now poll estimates. In constant currency terms IT services revenue fell 0.3% sequentially and 6.6% year on year. Company booked deals worth $3.6 bn with large deals coming in at 1.2 billion $. Operating margins for the quarter stood at 16.4%. On April 19 the stock closed at Rs 452.1 up 1.74%

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