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Wipro (WIT) Revenue

: $11,123 Mil (TTM As of Sep. 2023)
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Wipro's revenue for the three months ended in Sep. 2023 was $2,710 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2023 was $11,123 Mil. Wipro's Revenue per Share for the three months ended in Sep. 2023 was $0.52. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $2.04.

Good Sign:

Wipro Ltd has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Wipro was 8.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 16.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 13.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was 9.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Wipro's highest 3-Year average Revenue per Share Growth Rate was 35.00% per year. The lowest was 6.30% per year. And the median was 14.00% per year.


Wipro Revenue Historical Data

The historical data trend for Wipro's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wipro Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,430.70 8,185.74 8,506.36 10,381.13 10,999.33

Wipro Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Revenue Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,808.55 2,816.53 2,818.92 2,776.64 2,710.47

Competitive Comparison

For the Information Technology Services subindustry, Wipro's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wipro Revenue Distribution

For the Software industry and Technology sector, Wipro's Revenue distribution charts can be found below:

* The bar in red indicates where Wipro's Revenue falls into.



Wipro Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $11,123 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Wipro  (NYSE:WIT) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Wipro Revenue Related Terms

Thank you for viewing the detailed overview of Wipro's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Wipro (WIT) Business Description

Address
Sarjapur Road, Doddakannelli, Bangalore, KA, IND, 560 035
Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, this India IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.