Wipro Q2 Guidance Explained: $9.5 Bn Bookings, Lower Margins, Pipeline Insights & Growth Drivers #ETNOW
Wipro Q2 Guidance Explained: $9.5 Bn Bookings, Lower Margins, Pipeline Insights & Growth Drivers
Why is Wipro’s guidance lower this quarter, and what’s behind the margin contraction? Wipro management points to sequential growth in SMU, strong bookings of $9.5 billion, and client traction across multiple sectors. The company sees pipeline opportunities in vendor consolidation, AI initiatives, and client-specific AI projects. Margin contraction is attributed to rupee depreciation, client insolvencies, and other operational challenges
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