DEBUG: PAGE=domain, TITLE=Digital Experience Services,ID=1591,TEMPLATE=subprogram
toggle expanded view
programcode = CXSDMS
programid = 323
database = f
alerts = t
neat = t
vendors = t
forecasting = f
confidence = f
definitions = f

Search within: Digital Experience Services:

Access our analyst expertise:

Only NelsonHall clients who are logged in have access to our analysts and advisors for their expert advice and opinion.

To find out more about how NelsonHall's analysts and sourcing advisors can assist you with your strategy and engagements, please contact our sales department here.

Subscribe to blogs & alerts:

manage email alerts using the form below, in order to be notified via email whenever we publish new content:

has Database = f has Confidence = f -- IGNORED

Wipro Announces Q1 FY23 Revenues Up 13.3% (Up 17.2% in CC) to $2,735.5m

Financial Results

by

published on Jul 20, 2022

Wipro has announced results under IFRS for Q1 FY2023, the period ending June 30, 2022.

Q1 FY23:

  • Revenue was $2,735.5m, up 13.3% y/y, up 17.2% in CC
  • Operating margin was 15.0%, down 3.8 pts y/y.

Q1 FY23 revenue share by region (with estimated $ revenue and y/y growth) was:

  • Americas 1 29.1% ($796m, +19.5%, +19.6% in CC)
  • America 2 31.3% ($856m, +16.2%, +17.4% in CC)
  • Europe 28.3% ($774m, +6.1%, +15.6% in CC)
  • APMEA 11.3% ($309m, +9.5%, +15.1% in CC)

Q1 FY23 revenue share by Global Lines (with estimated $ revenue and y/y growth) was:

  • iDEAS 61.9% ($1,693.3m, +16.8%, +21.2% in CC)
  • iCORE  39.9% ($1,042.2m, +8.1%, +11.1% in CC)

Q1 FY23 revenue share (with estimated $ revenue and y/y growth) by vertical was:

  • Communication 5.0% ($137m, +11.5%, +19.8% in CC)
  • Consumer Business Unit 18.5% ($506m, +21.0%, +24.4% in CC)
  • Energy, Natural Resources & Utilities 11.1% ($304m, -4.1%, +0.8% in CC)
  • Finance Solutions 35.4% ($968m, +20.0%, +24.3% in CC)
  • Healthcare, Life Sciences & Services 11.5% ($315m,  +9.4%, +10.6% in CC)
  • Manufacturing 6.7% ($183m, +9.5%, +13.2% in CC).
  • Technology 11.8% ($323m, +9.4%, +12.5% in CC)

TTM client distribution by size of annual revenues (and at end Q1 FY22) was:

  • $10m+: 195 (177)
  • $20m+: 120 (95)
  • $50m+: 50 (42)
  • $75m+: 30 (27)
  • $100m+: 20 (13).

TTM client contribution to total revenues (and at end Q1 FY22) was:

  • Top 1: 3.2% (3.2%)
  • Top 5: 13.0% (12.1%)
  • Top 10: 20.9% (19.8%)
VendorWipro
Initial currency type (specify local currency used)US$
Period Ending2022-06-30
Growth13.3
Revenues ((m) in local currency2735.5
Revenues (in $m at that date)2735.5

Rate this article

rate this
No votes
close