Earnings Report Digest

Wipro Limited (WIT), 2024 Q4 earnings digest


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$WIT has released its Q4 FY'24 earnings, showing slight sequential growth of 0.1% in IT services revenue in reported currency. Notable highlights include a 17.4% increase in large deal bookings year-over-year, reaching $4.6 billion. However, Q4 margins improved only modestly, indicating ongoing challenges in the economic landscape. The introduction of their AI platform offers future growth potential. Looking ahead, there's cautious guidance for Q1 2025 with flat to slight growth anticipated. More insights at http://valueverge.com/WIT.

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Earnings Report DigestBy ValueVerge