Wipro’s CFO Aparna Iyer announced that the wage hike implemented in September has been fully absorbed, contributing to a Q3 operating margin of 17.5%. The deal pipeline remains robust, focusing on cost optimization and transformation investments. Attrition levels have marginally increased, but a positive outlook for AI, data, and cloud services sustains demand.
Wipro management on Q3 revenues, wage hike impact and Q4 order pipeline
Wipro’s CFO Aparna Iyer announced that the wage hike implemented in September has been fully absorbed, contributing to a Q3 operating margin of 17.5%. The