'
Wipro hosted a conference call on October 17,2024.
In the conference call , the company was represented by Mr Srini Pallia- CEO
and Managing Director and Ms Aparna Iyer-CFO.
Key
takeaways of the call
Performance
In Q2FY2025, the company met the
expectation of revenue and margins. The long-term potential of the company’s
business is strong and the company is prepared to handle the current economic
uncertainties. The company continues to focus on 5 strategic priorities and
building a strong talent pool to capture AI opportunities.
In Q2,
IT services segment revenue was at US $2,660
million, a growth of 0.6% QoQ in CC terms which is closer to the upper end of
the guidance which the company provided earlier.
Capco business continued to witness
traction and grew 3.2% QoQ and 6.9% YoY.
The company witnessed sequential growth in
3 out of 4...
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