Wipro concluded the final quarter of FY24 with a net profit of ₹2835 crore. Recent data reveals that voluntary attrition stood at 14.2% over the past year. In Q4FY24, the company experienced a reduction in its workforce by 6,180 employees, with a total yearly decrease of 24,516.
The company, headquartered in Bengaluru, witnessed a 4.2% decline in consolidated revenue, amounting to ₹222.08 billion for the January-March quarter.
Notably, Wipro has seen significant departures among its key executives in recent months. This includes the departure of CEO Thierry Delaporte earlier this month and Stephanie Trautman, who was responsible for securing major contracts, in December.
