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Wipro targets $15 billion revenue by 2020
2016-02-02 16:58:56| IT Services - Topix.net
Bengaluru, Feb 2: India's third largest IT firm Wipro Ltd has set a revenue target of $15 billion from its global IT services business by 2020, with 23 percent operating margin, a top executive said on Tuesday. "As detailed to you all recently, our ambition is to double our size and touch $15 billion revenue with 23 percent operating margin in four years ," Wipro's new chief executive Abidali Z Neemuchwala said in an e-mail to his employees on taking over the top post on Monday.
Tags: revenue
billion
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wipro
Wipro Limited to Issue Dividend of $0.07
2016-01-24 10:37:27| IT Services - Topix.net
Wipro Limited announced a dividend on Wednesday, January 20th, MarketBeat.Com reports. Investors of record on Wednesday, January 27th will be given a dividend of 0.074 per share on Wednesday, January 27th.
Tags: limited
issue
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wipro
Research Analysts Set Expectations for Wipro Limited's FY2017 Earnings
2016-01-20 03:23:09| IT Services - Topix.net
Research analysts at Jefferies Group cut their FY2017 EPS estimates for shares of Wipro Limited in a research report issued to clients and investors on Monday, according to Zacks Investment Research . Jefferies Group analyst A. Goyal now forecasts that the brokerage will post earnings per share of $0.59 for the year, down from their prior forecast of $0.62.
Tags: set
research
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earnings
Wipro Q3 profit meets expectations; up 2%
2016-01-19 01:42:07| IT Services - Topix.net
Wipro Ltd, India's third-largest software services exporter, has posted a 2 per cent rise in net profit at Rs 2,234 crore for the December quarter as compared with Rs 2,193 crore in the same period of last year. The company's revenue from IT services grew 9 per cent to Rs 12,310 crore in line with the guidance.
Tags: up
profit
meets
expectations
Wipro Net Profit Up in Third Quarter
2016-01-18 11:01:53| IT Services - Topix.net
Wipro Ltd. on Monday reported a 1.7% rise in its fiscal third-quarter net profit as the firm continues to grapple with a changing technological landscape.
Tags: net
profit
quarter
net profit
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