Wipro Limited — Investor Meet, 18-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Wipro Limited held its Q2 FY'25 earnings call, reporting IT Services revenue of $2.66 billion, with a sequential growth of 0.6%. Operating margins expanded to 16.8%. The company achieved $3.6 billion in bookings, showing an 8.4% increase. Management expressed confidence despite expected seasonal challenges and forecasts Q3 revenue growth between -2% to 0%. The Board recommended a 1:1 bonus share issuance, pending shareholder approval. A focus on AI talent and vendor consolidation was emphasized for future growth.