Wipro Stock Crashes 10% on Poor Q4 Outlook
Wipro shares plummeted 10% to 248.75 rupees after the company projected weak Q4 revenue growth and reported disappointing deal bookings, marking its steepest fall since July 2024.
Wipro shares plummeted 10% to 248.75 rupees after the company projected weak Q4 revenue growth and reported disappointing deal bookings, marking its steepest fall since July 2024.
Wipro shares plunged 10% following disappointing Q3 results. Investors are now debating whether to buy, hold, or sell the stock as the IT giant faces challenges.
Indian IT majors TCS, Infosys, Wipro, and HCL Technologies have released Q3 FY26 results. Experts analyze which stock offers the best value for long-term investors.
Major Indian IT companies reported Q3 earnings slightly above expectations. While profits fell due to new labour codes, revenue growth and management commentary suggest the worst may be over for the sector.
Wipro reported December quarter revenue of $2.6 billion with sequential growth, while Tech Mahindra posted $1.6 billion. Both IT giants show cautious optimism for Q4 amid muted demand.
India's top five IT companies recorded only 17 net hires in the first nine months of FY2025-26, a sharp drop from 17,764 last year, as AI and automation reshape hiring models.
Wipro reports a 7% decline in net profit to Rs 3,119 crore for Q3, with revenue at Rs 22,205 crore. The IT giant faces market headwinds and a slowdown in key sectors.
Wipro and Tech Mahindra posted stronger revenue growth and profitability than larger rivals TCS and Infosys during a challenging third quarter for India's IT sector.
Wipro has announced a 5.5% year-on-year increase in gross revenue for the third quarter of FY26, reflecting steady growth in its business operations amid market challenges.
Wipro reports a 7% decline in net profit to Rs 3,119 crore for Q3, reflecting ongoing market pressures and strategic adjustments in the IT sector.
Wipro reports a 7% decline in net profit to ₹3,119 crore for Q3 FY26. The IT giant's board approves an interim dividend of ₹6 per share for shareholders.
Infosys shares surged over 5% on Friday after the IT major raised its constant-currency revenue growth forecast for FY26 to 3-3.5%, maintaining margin guidance. Brokerages remain largely positive.
Indian stock markets started Friday positively with Nifty 50 and Sensex gaining after Infosys reported impressive quarterly results and raised its full-year revenue growth forecast.
Infosys share price rallied over 5% following its Q3 FY26 results. The IT giant raised revenue guidance despite a profit dip. Investors weigh buying opportunities.
Over 30 companies, including Reliance Industries and Wipro, will announce their Q3 FY26 results today. Analysts watch for GST impact and global uncertainty effects on earnings.
Infosys reports strong Q3 results with 0.6% sequential growth, beating estimates. The company raises FY26 guidance and shows strong AI momentum, but faces risks from client changes.
Infosys reported Q3 FY26 net profit of ₹6,654 crore, down 9.6% QoQ. The IT major raised its constant-currency revenue growth guidance for FY26 to 3.0%-3.5%.
Infosys shares surged 8% on NYSE after reporting better-than-expected sales and upgrading its FY26 revenue growth forecast to 3%-3.5%, driven by large deal wins.
Infosys reports $5.1 billion revenue for December quarter, exceeding analyst expectations. The company raises full-year guidance to 3-3.5% as demand recovery gains momentum in IT sector.
Infosys reports a 2.2% decline in Q3 net profit to Rs 6,654 crore, impacted by Rs 1,289 crore in labour code expenses. Revenue grows 8.9% to Rs 45,479 crore. The company provides FY26 guidance of 3.0-3.5% revenue growth and 20-22% operating margin.
Infosys reports 2.2% decline in Q3 FY26 net profit to Rs 6,654 crore while revenue grows 9% year-on-year. CEO Salil Parekh highlights strong demand for AI solutions.
Infosys reports Q3 results with attrition down to 12.3% and headcount up by 5,043. CEO Salil Parekh outlines hiring plans, while CFO comments on wage hike decisions.
Infosys reported a 22% decline in net profit to Rs 6,654 crore for Q3, while revenue increased to Rs 45,479 crore. The IT giant faces margin pressures amid global challenges.
Infosys reports consolidated profit of ₹6,654 crore for Q3 FY26, marking a 2.2% decline from ₹6,806 crore in same quarter last year.
Infosys announces Q3 FY26 results today. Analysts predict modest revenue growth of 2% QoQ and flat margins. Management commentary on deals will be key.
Over 20 companies, including Infosys and HDFC AMC, announce Q3 FY26 results today. Analysts watch for GST cut impacts and global uncertainties. Key previews and full list inside.
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The Q3 FY26 earnings season begins with TCS and HCL Technologies announcing results today. Analysts predict strong broad-based profit growth. Get key previews and the full list of companies reporting.
Indian IT sector's Q3FY26 earnings season begins with muted revenue growth due to furloughs. Investors will watch for demand recovery signals in BFSI and AI deals. Read more.