Wipro: Guidance - Concall Update
For Q2 FY27, the company guides for IT services revenue sequential growth of -1.5% to +0.5% in constant currency, translating to a revenue range of $2.574 billion to $2.627 billion.
The Q2 guidance includes revenues from the Mindsprint acquisition.
The company aims to return to its previously stated margin band of 17% to 17.5%, but does not want to predict the exact timeframe given current volatility and revenue situation.
The demand environment remains soft, reflected in the Q2 guidance, and the company typically provides only a one-quarter view for guidance, not commenting on when headwinds might recede.
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Wipro Buyback Window has been Extended to 30 June.
Now Buyback Participants will get 1 Extra Day, Six Working Days in Place of 5.
Official Announcement given on both Exchanges, BETTER SENSE PREVAILED 👍