- Wipro ADR (WIPRO) Q latest EBIT margin fell to 16.0% from 17.3% last quarter — a 15-quarter low — due to wage hikes, negative operating leverage and lower productivity pass-through in renewals.
- Wipro (WIPRO) Q1 total bookings $3,370M. Company warns hiring and strategic investments may pressure near-term margins while supporting future growth.
- Wipro (WIPRO) emphasizes AI focus: building industry AI platforms, co‑creating solutions via 10 innovation hubs, partnering with top AI labs, and funding startups through a $500M venture fund.
- WIPRO ADR up ~2.5% this quarter, down 33.7% YTD. Analyst EPS estimates rose ~1.8% over three months; one cut in 30 days. Median 12‑month target ₹200 vs last close ₹177.74.
- WIPRO added 888 employees in Q2, raising headcount to 243,044, boosted by the Mindsprint deal (~3,200 staff). Quarterly attrition was 13.9%; utilization excluding trainees climbed to 83.6%.
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Key facts: Wipro Q1 EBIT 16.0% Low; $3.37B Bookings; $500M AI Fund
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Wipro ADR (WIPRO) Q latest EBIT margin fell to 16.0% from 17.3% last quarter — a 15-quarter low — due to wage hikes, negative operating leverage and lower productivity pass-through