Earnings Call Transcript Analysis Report #
Wipro Q3 FY'25 Earnings Call Analysis #
Financial Performance #
Revenue #
IT Services revenue reached $2.63 billion, reflecting a sequential growth of 0.1% (Constant Currency - CC) and a year-on-year decline of 0.7% (CC). This performance slightly exceeded the upper end of their prior guidance.
Margins #
Operating Margins expanded significantly to 17.5%, an increase of 0.7% sequentially and 1.5% year-on-year, reaching a 12-quarter high. This was achieved despite absorbing two months of wage hike impact from September 2024.