However, revenue from operations declined 1.1% to Rs 21,963.8 crore in the June quarter as against Rs 22,208.3 crore reported in the preceding quarter same year.
On year on year (YoY) basis, the IT firm’s net profit grew 4.64% while revenue fell 3.8% in Q1 FY25.
Profit before tax was at Rs 4,021.6 crore during the quarter (up 4.13% quarter on quarter (QoQ) and up 5.9% YoY).
In dollar terms, Wipro's gross revenue stood at $2,635.8 million in Q1 FY25. IT services segment revenue was at $2,625.9 million, down 1.2% QoQ and down 5.5% YoY.
IT services operating margin for the quarter was at 16.5%, registering a growth of 0.1% QoQ and up 0.4 YoY. Non-GAAP constant currency IT services segment revenue declined 1% QoQ and 4.9% YoY.
For the quarter ending 30 September 2024, Wi...
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