How Wipro performed in second quarter

IT services provider Wipro today said its revenue rose 2.1 percent sequentially to $1,832 million in the second quarter ended September 30, 2015.

Wipro added 67 new customers during the quarter. It did not have significant digital deals in the second quarter of the current fiscal.

The Bangalore-based Wipro added 6,607 employees to 168,396.

Wipro CEO T K Kurien said: “Wipro Digital, strengthened by the addition of Designit, with both strategic design process capability along with Wipro’s technological capability is positioning us uniquely as an integrated design and technology player.”

Wipro HOLMESTM, its cognitive intelligence platform, is engaged in 12 projects in business-critical areas for customers.

Wipro expects revenues from IT Services business to be in the range of $1,841 million to $1,878 million in the third quarter ending December 2015.

The software exporter said 28 percent of revenue came from Global Infrastructure Services, 7.5 percent from Wipro Analytics, 9.8 percent from Business Process Services, 7.9 percent from Product Engineering, 46.8 percent from Application Services, 10.5 percent from R&D Business and 1.9 percent from Wipro Consulting.

Wipro said Global Media & Telecom contributed 13.4 percent contribution to revenue, 26.7 percent from Finance Solutions, 18.7 percent from Manufacturing & Hitech, 11.4 percent from Healthcare, Life Sciences & Services, 15.1 percent from Retail, Consumer Goods & Transportation and 14.7 percent from Energy, Natural Resources & Utilities.

Americas contributed 53 percent revenue, Europe 25.2 percent, India & Middle East business 10.6 percent and APAC and Other Emerging Markets 11.2 percent, Wipro said.

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