Economy
Wipro Reports Q2 Net Profit Decline and Plunge in Large Deals

Wipro Reports Q2 Net Profit Decline and Plunge in Large Deals

The Hindu1h
THE BRIEF
1

Wipro reported a 1.4 percent year-on-year decline in net profit to three thousand two hundred one crore rupees for the second quarter.

2

Gross revenue rose 9.1 percent year-on-year to twenty-four thousand seven hundred fifty-two point seven crore rupees, while large deal bookings plunged 58.6 percent.

3

The company's total headcount declined by 6,716 sequentially to 236,328 employees as of September 30.