Wipro (WIT) Misses Q3 EPS by 1c

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Retailers Must Provide ‘ME’aningful Customer Experiences: Wipro-Planet Retail Research

January 19, 2016 8:02 AM EST

New research from Wipro and Planet Retail finds that retailers need to ride the hyper-personalization wave and provide individualized customer experiences to increase sales and brand loyalty

EAST BRUNSWICK, N.J. & BANGALORE, India--(BUSINESS WIRE)-- A new study by Planet Retail and Wipro Limited confirms that retailers who do not provide individualized and digitally connected customer experiences are falling behind competitors. According to the study, 82% of the retailers interviewed agreed that investments in digital technology and operational improvements would help them target customers as individuals, with hyper-personalized offers and promotions. Only 18% said they were... More

Wipro Limited Announces Results for the Quarter Ended December 31, 2015 under IFRS

January 18, 2016 1:32 AM EST

Gross Revenues grew 7% YoY

BANGALORE, India & EAST BRUNSWICK, N.J.--(BUSINESS WIRE)-- Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) today announced financial results under International Financial Reporting Standards (IFRS) for its third quarter ended December 31, 2015.

Highlights of the Results:

Wipro Limited Gross Revenues were Rs 128.6 billion ($1.9 billion1), an increase of 7% YoY. IT Services Segment Non-GAAP constant currency Revenue in dollar terms grew 1.4% sequentially and grew 6.3% YoY. IT Services Segment Revenue was $1,838.3 million, a sequential increase of 0.3%.... More