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Wipro Q2 results 395 ▲ 1 (+0.2%) - Revenue up 14.3% YoY to | Stocks | Nifty | Sensex | NSE | BSE

Wipro Q2 results
395 ▲ 1 (+0.2%)

- Revenue up 14.3% YoY to ₹23,229 crore
- Net profit rises 2.8% YoY to ₹3,052 crore vs street estimate of ₹2,890 crore
- Operating margin stood at 16.3%, a decline of 130 bps YoY
- Attrition rate drops to 21.2% from 23% sequentially
- Interim dividend of ₹ 1 per equity share declared (Record date 25 Jan 2023).

Management Commentary
- FY23 revenue growth from IT service business to be in the range of 11.5% to 12.0%
- Total deal wins up 26% to $4.3 billion