Infosys Q2 revenue up 3.3%, Wipro's drops 2.3% YoY

Quick Summary:

Infosys saw a 3% year-on-year revenue growth in the BFSI sector for the September quarter, with guidance increased for the third consecutive quarter.Wipro's revenue fell 2.3% compared to the previous year but grew 0.6% sequentially, driven by strong performance in the Americas.

Both companies experienced market volatility, impacting their stock prices.

Wipro had forecast a revenue growth of -1% to 1% for the period.

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets: IndiaPakistan

Topics: Wipro Q2 revenue Constant currency Guidance BFSI Business news Infosys

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-18 @ 09:30:25 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 620 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © Times of India

News ID: 23113403

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