Wipro Q1 Results: Net Income Rises 6.2%, Attrition Rate At 14.1%, I,T Services Revenue Decline YoY

Wipro's Q1 results show a 6.2% increase in net income. The attrition rate stands at 14.1%. However, there has been a decline in IT services revenue compared to the previous year. Total bookings amount to $3,284 million, with large deals bookings at $1,154 million, down by 3.1% QoQ. The management has discussed operating margins, IT service business outlook, and current conditions. They have shared their insights on ET Now.
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