Wipro to merge five subsidiaries with itself ...Middle East

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Wipro to merge five subsidiaries with itself
source : News room odisha ( Middle East ) () 8
Bengaluru: Wipro Ltd, which on Wednesday announced that it closed the second quarter of FY24 with a lower revenue and after tax profit as compared to the previous year’s corresponding period, also said it will merge five of its wholly-owned subsidiaries with itself In a regulatory filing the company said its consolidated revenue from operations for the period ended September 30, 2023 stood at Rs.22,515.9 crore (Q2FY23 Rs.22,539.7 crore) and a net profit of Rs.2,646.3 crore (Rs.2,659 crore). “We continue to win in the market despite the uncertain macro environment,” CEO and Managing Director Thierry Delaporte said. He said that they ended the second quarter with 22 accounts above the $100M r

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