Wipro

“The short answer to that is yes, it will have a positive impact on the quarter four outlook for revenue.”

“what is really largely leaving this is basically the furloughs and lower working days.”

“They will be they are expected to be broadly in line with what was there last year, that's at least what we've baked into the guidance”

“This quarter, we closed $2.6 billion in total contract value and signed nine large deals.”

“we had few deals where the contract could not be signed on time, because of which they're slipping to this quarter.”

“The pipeline for quarter three, quarter four, and year ahead, it is extremely strong”

“we're confident of securing both the deals, and we will share that with you when we meet next in January.”

“these are all good deals and should give us the revenue once we close this deal, should give us revenue upside in quarter 4 as well.”

“In BFSI, we continue to see strong momentum.”

“Digital native and new-age firms are driving demand in our technology sector.”

“In Consumer sector, we are seeing good traction in CPG, travel, and transportation.”

“Americas 1 declined sequentially due to client-specific issues and softness in healthcare.”

“Americas 2 grew sequentially, driven by EMR with encouraging momentum in BFSI.”

“This quarter, demand environment has remained largely unchanged.”

“If you look at US economy, very strong, and I think we continue to see strong pipeline out there.”

“they are also relooking at their AI strategy, Sovereign AI, specifically in the context of the geopolitics.”

“Beyond large enterprises, we also see strong traction in deal wins and pipeline in the mid-market segment.”

“Net-net, I think AI is really helping us in the context of pipeline and also in the context of winning them in the marketplace.”

“Our operating margin for the quarter was 16.5%, an improvement of 0.5% compared to last quarter.”

“Operational improvements, rupee depreciation, offset by our continuing investments in business have been the underlying factors driving this improvement.”

“We will work towards improving the margins even as we create headspace for growth.”

“to get back to the band as quickly as possible, but we're not putting a timeline out there.”

“the AI-Native Unit that we've called out, that will be a place where we will continue to invest.”

“Quarter two was yet another quarter of robust operating cash flows. We generated 166% of net income.”

“With this, our gross cash as of 30th September was at 4.6 billion.”

“Accounting yield for the average investments held in India was at 7.1%.”

“Mindsprint has strengthened our position in food and agriculture, opening new market opportunities.”

“As far as, acquisitions are concerned, our strategy will continue to be the same. We will look at opportunities that can enhance our value.”

“As far as we are concerned, we partner with our clients in all, whether it's greenfield, brownfield, or any monetization opportunities.”

“We did have one month's revenue that came through.”

“We are not calling out the impact of that specifically. It was not very material.”

“our net other income, which includes the interest income, declined 68% sequentially, primarily because the investable surplus reduced”

“However, healthcare in US continues to be affected by policy changes.”

“the client-specific issues that we had highlighted are largely behind us, and if at all Q3 we should be you know, large part of it should be done.”

“In quarter 2, our IT services revenue stood at $2.61 billion, flat sequentially and up 0.6% year-on-year in constant currency.”

“As a result of the lower other income, our net income was reported at INR32 billion for the quarter. It declined sequentially by 5%.”

“the EPS, which is the right metric given that we completed our buyback, for the quarter was at INR3.23, which it increased 0.9% sequentially and 4.2% on a year-on-year basis.”

“Our effective tax rate was at 23.9%, flattish compared to same quarter last year.”

“With over 2,000 engineers, including FDEs, forward deployed engineers, we are seeing growing success in outcome-based deals and driving nonlinear growth.”