Wipro Ltd

The company has been working with Metro since 2021 as a strategic IT partner, driving a change management program that has seamlessly transformed the company's entire IT landscape and significantly improved the efficiency of business operations. Aligning with Metro's cloud-first strategy, and partnering with multiple hyperscalers, Wipro has successfully completed the migration of 80 percent of Metro's on-premise infrastructure to the cloud. The transformation has significantly increased the company's ability to respond to customer needs with agility and speed, enhanced cyber resilience, and helped Metro reduce its carbon footprint. As part of the extended engagement, Wipro will continue to support Metro's digital transformation, leveraging the power of cloud, advanced analytics, automation, and Gen-AI-powered solutions. This will be carried out in close collaboration with Metro's internal teams, ensuring alignment with business priorities. Khaled Bagban, CIO of METRO, said, 'Our partnership with Wipro has helped us strengthen our IT landscape and ensure stable, reliable operations. Operational stability is critical to our core business, and this partnership plays a key role in maintaining that foundation. As we transition to the public cloud, we are creating a more flexible and scalable environment that supports our Core growth strategy at METRO. Looking ahead, we will continue to prioritize secure services and operational efficiency to enable long-term business success. Ann-Kathrin Sauthoff-Bloch, regional head and managing director Germany and Austria, Wipro, said, 'This extended engagement with Metro AG underscores our commitment to driving AI-powered innovation, operational excellence, and strategic growth for our clients in the food wholesale sector. This is a testament to our consultative approach and the deep collaboration we undertake with our clients to keep driving their innovation with our AI-powered solutions. We look forward to accompanying Metro on this next step of their transformation journey.' Wipro is a leading AI-powered technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs. The company's consolidated net profit jumped 6.43% to Rs 3,569.60 crore on 0.83% increase in net sales to Rs 22,504.20 crore in Q4 FY25 over Q3 FY25. The scrip advanced 1.41% to end at Rs 254.85 on the BSE.Powered by Capital Market - Live

Wipro Ltd rose for a fifth straight session today. The stock is quoting at Rs 255.33, up 1.61% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.13% on the day, quoting at 25136.5. The Sensex is at 82493.19, up 0.06%. Wipro Ltd has dropped around 0.76% in last one month. Meanwhile, Nifty IT index of which Wipro Ltd is a constituent, has dropped around 0.31% in last one month and is currently quoting at 37669.2, up 1.95% on the day. The volume in the stock stood at 73.39 lakh shares today, compared to the daily average of 87.18 lakh shares in last one month. The benchmark June futures contract for the stock is quoting at Rs 255.51, up 1.14% on the day. Wipro Ltd is up 7.27% in last one year as compared to a 8.04% gain in NIFTY and a 11.21% gain in the Nifty IT index.The PE of the stock is 24.4 based on TTM earnings ending March 25.Powered by Capital Market - Live

Wipro announced the relocation of its Middle East regional headquarters from Al Khobar to Riyadh, Saudi Arabia. The new office in Riyadh was inaugurated in a ceremony attended by the Wipro executive team, employees, and customers. This is the latest addition to Wipro's growing presence in the region, which includes offices in Riyadh, Al Khobar, Jeddah, and Jubail. In addition to this new office opening, Wipro recently signed a Memorandum of Understanding (MoU) with Prince Mohammad Bin Fahd University (PMU) to establish a Center of Excellence (CoE) in Riyadh. This partnership aims to upskill local talent by providing academic training in advanced technologies, hands-on experience, and access to Wipro's resources. The CoE will focus on equipping young Saudi nationals with future-ready skills, creating a talent pool that can add value to organizations and the kingdom. Powered by Capital Market - Live

Wipro has granted 70,671 ADS Restricted Stock Units under Company's Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024, to its identified employee. This grant is effective from 04 June 2025.Powered by Capital Market - Live

The IT company will utilize cutting-edge industry practices to assist Entrust in product development, infrastructure, and application modernization. Wipro will deploy Gen AI-powered solutions to redefine self-service, resulting in improved user experiences, swift query resolution, and reduced support response times. Additionally, the Wipro team will bolster application security by integrating advanced analytics to proactively identify vulnerabilities and offer actionable insights for intelligent software development. Ultimately, this collaboration will enable Entrust to enhance productivity, elevate employee satisfaction and security measures, and reduce costs through streamlined IT operations and reporting. Jeff Smolinski, senior vice president of operations, Entrust, said, 'We are pleased to leverage Wipro's domain expertise and AI-powered solutions to support our strategy, increase our agility, and drive growth, we chose Wipro based on its ability to help us access top talent, scale up to meet market opportunities, and add new capabilities. Wipro's customer-centric approach and alignment with Entrust values of innovation, collaboration, and integrity help make them the right partner to help us achieve our long-term goals.' Malay Joshi, CEO - Americas 1, Wipro, said, 'We are excited to bring our proven expertise to deliver comprehensive, AI-powered software development services at scale to further Entrust's strategic priorities. This collaboration with Entrust highlights our commitment to innovation and delivering measurable value as we work together to shape a future where AI leads business transformation.' Wipro is a leading AI-powered technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs Leveraging its holistic portfolio of capabilities in consulting, design, engineering, and operations, it help clients realize their boldest ambitions and build future-ready, sustainable businesses. The company's consolidated net profit jumped 6.43% to Rs 3,569.60 crore on 0.83% increase in net sales to Rs 22,504.20 crore in Q4 FY25 over Q3 FY25. The counter fell 0.61% to end at Rs 246.20 on the BSE.Powered by Capital Market - Live

Wipro has won a multiyear deal with Entrust, a global leader in identity-centric security solutions, where Wipro will provide strategic resources, scale, and agility to help Entrust accelerate its growth. Wipro will utilize cutting-edge industry practices to assist Entrust in product development, infrastructure, and application modernization. Wipro will deploy Gen AI-powered solutions to redefine self-service, resulting in improved user experiences, swift query resolution, and reduced support response times. Additionally, the Wipro team will bolster application security by integrating advanced analytics to proactively identify vulnerabilities and offer actionable insights for intelligent software development. Ultimately, this collaboration will enable Entrust to enhance productivity, elevate employee satisfaction and security measures, and reduce costs through streamlined IT operations and reporting. Powered by Capital Market - Live

Wipro announced the launch of its global Wipro Innovation Network designed to accelerate strategic, client centric co-innovation. The network will leverage frontier technologies ranging from Artificial Intelligence (AI) to Quantum Computing to solve some of the most challenging problems for its clients across industries. 'At Wipro, we believe that collaboration fuels innovation,' said Srini Pallia, CEO and Managing Director, Wipro. 'The Wipro Innovation Network is a catalyst for AI-powered co innovation. By bringing together our global clients, partners, academia, and tech communities, we aim to accelerate innovation that solves real-world challenges, unlocks bold new possibilities, and drives competitive edge for our clients.' The Wipro Innovation Network will focus on five strategic frontier technology themes: Agentic AI, robotics with embodied AI, quantum computing, digital ledger technology and quantum-safe cyber resilience. It will bring together Wipro's extensive innovation ecosystem, including the Innovation Labs, the Partner Labs, Wipro Ventures, its crowdsourcing platform Topcoder, alliances with leading academic and research institutions, and its deep technology talent to create an ongoing loop of ideation, research and innovation. As part of the unveiling of the Wipro Innovation Network, Wipro also announced the opening of its newest and first-of-a-kind Innovation Lab at its Kodathi campus in Bengaluru. This future forward facility will function as a key hub for Wipro's clients to explore the art of the possiblePowered by Capital Market - Live

Wipro has allotted 3,91,452 equity shares under ADS Restricted Stock Unit Plan 2004 and 4,16,696 equity shares under the Restricted Stock Unit Plan 2007 on 29 May 2025, pursuant to exercise of ESOPs.Powered by Capital Market - Live

Wipro has granted 1,93,40,986 ADS Restricted Stock Units and 10,442,017 Restricted Stock Units under the Company's Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024, to its identified employee(s) / identified employee(s) of its subsidiary company. This grant is effective from 03 May 2025.Powered by Capital Market - Live

Wipro announced the appointment of Sandeep Dhar as Global Head of its Global Capability Center (GCC) practice. Sandeep brings over 30 years of experience in the GCC ecosystem and consulting, having been instrumental in setting up and scaling some of the well-known GCCs in his career. As Managing Director, he led the transformation of Tesco and Goldman Sachs Consumer Bank GCCs into strategic centres of innovation and growth. In his senior leadership responsibilities across industries, Sandeep has successfully managed P&Ls, driven digital transformation initiatives, and implemented advanced engineering practices. In his new role, Sandeep will spearhead Wipro's consulting-led and AI-powered GCC strategy, designed to help global enterprises establish and scale as future-ready transformation and innovation hubs. Sandeep will report to Sanjeev Jain, Wipro's Chief Operating Officer. Powered by Capital Market - Live