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Wipro's revenue drops 1.2% in Q4 on client caution

Times of India LogoTimes of India4d ago

Wipro's revenue drops 1.2% in Q4 on client caution - Times of India

Quick Summary:

Wipro's performance was impacted by market uncertainties, leading to a cautious approach from clients despite a strong demand for transformation projects.

The company's Q4 results disappointed investors, causing a stock price decline.

CEO Srini Pallia noted that clients are prioritizing cost reduction and AI-led efficiency amid the uncertain macro environment, impacting large transformation programs.

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-17 @ 09:01:40 (4 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 602 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 27957720

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 25 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 59 minutes ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

Publisher Details

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  • URL: https://citrocola.beamstart.com/news/wipros-revenue-drops-12-in-17448543109876

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