Bengaluru: “We expect revenue from our IT Services business segment to be in the range of USD 2,722-2,805 million. This translates to sequential guidance of -2 per cent to +1 per cent in constant currency terms,” the company said in a statement.
Wipro CEO and Managing Director Thierry Delaporte noted that the company’s first quarter results came on a strong backbone of large deal bookings, robust client additions and resilient margins.
Despite a gradual reduction in clients’ discretionary spending, we maintained new business momentum. We earned our clients’ trust with strong delivery, innovation and expanded services that strengthen our long-term businesses, and help capture market share, Delaporte said.
On the latest AI strategy, Delaporte said that the launch of Wipro ai360 and the USD 1 billion investment solidifies Wipro’s position as a leading transformation partner that delivers the results and innovation our clients need to future-proof their businesses.