Wipro, one of India's largest outsourcing companies, reported a 3.3 percent dip in U.S. dollar revenue for IT services during the quarter ended June 30. The privately-held company also announced plans to add two manufacturing units—in Telangana and Guangzhou, China.
Wipro still leads HCL in revenue, with the company crossing the $8 billion mark in 2017-18. Wipro, India’s third-largest software services exporter, forecast second-quarter revenue from IT services to be range between $2,009 million and $2,049 million. Wipro’s dollar revenue improved 1.8% sequentially to $2.04 billion in the quarter ended 31 December. Wipro Limited (NYSE:WIT) Q4 2018 Earnings Conference Call April 25, 2018 03:00 PM ET Executives Aravind Viswanathan - Corporate Treasurer Abidali Neemuchwala - They are expected to be operational in FY20.

Wipro under CEO Abidali Neemuchwala struggles for growth; targets $15 billion in revenues by 2020 Wipro also said it would buy back up to 40 mn shares at Rs 625 apiece, spending up to Rs 2,500cr.

Read more about Wipro's revenue from top 10 clients on the decline on Business Standard. As an example, Wipro had a revenue per employee of 54,702 U.S. dollars. Wipro is looking to double its turnover to USD 15 billion by 2020 as it focuses more on digital and automation under the new management team. Wipro earned net profits of Rs 8,514 crore on revenues of Rs 55,040 crore in FY17 By continuing to use this site you consent to the use of cookies on your device as described … HCL stood at close to $7 billion for the fiscal ended March 31, 2017. Wipro Limited Announces Results for the Quarter and Year ended March 31, 2019 under IFRS IT Services Revenue grew 1.4% sequentially Net Income for the quarter grew by … Revenue grew 3.7% on a year-on-year basis. Consumer goods company Wipro Consumer Care and Lighting (WCCL) on Thursday said that it clocked a billion dollars in revenue in the financial year ended 31 March.

The board also recommended a final dividend of Rs 1 per share, taking total dividend to Rs 6. Wipro Q4 consolidated revenue came in at Rs 13,768.6 crore during the quarter which decreased by 1.56% compared to Rs 13,987.50 crore in Q4FY17 but gradually rose by 0.73% versus revenue of Rs 13,669 crore in Q3FY18. The country's third largest services firm …

Read more Revenue per employee of major IT services vendors worldwide (in U.S. dollars) Data for this Date Range ; June 10, 2020: 18.74B June 9, 2020: 18.97B June 8, 2020: 19.83B June 5, 2020 Wipro reports net profit of $337 million in the March quarter, down 8% from the year ago; revenue was up 2.4% from the preceding quarter to $1.89 billion Read more about Wipro aims USD 15-bn revenue by 2020 on Business Standard.