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'Weak and lacklustre': Why Jefferies is disappointed with Wipro earnings as ADRs fall nearly 3%

  • Postato il 16 aprile 2026
  • Di Business News Today
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'Weak and lacklustre': Why Jefferies is disappointed with Wipro earnings as ADRs fall nearly 3%
'Weak and lacklustre': Why Jefferies is disappointed with Wipro earnings as ADRs fall nearly 3%

Wipros March quarter results missed expectations, with weak revenue growth, declining profit, and soft guidance. Jefferies highlighted slowing deal momentum, weakness in BFSI and healthcare, and client-specific declines, raising concerns over near-term growth despite stable margins and a buyback announcement.
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Business News Today

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