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.
Newgen Software Technologies Q3 Results: Profit rises 31% to Rs 89 crore
Tech firm Newgen Software Technologies on Monday posted a 30.8 per cent year-on-year increase in consolidated net profit to Rs 89 crore for the December