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Wipro’s Q1 report; Former Nexus MD’s new fund

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Happy Friday! IT major Wipro reported an 11% rise in net profit, just ahead of Street expectations. This and more in today’s ETtech Morning Dispatch.

Also in the letter:
■ SaaS solution for sustainability
■ Byju’s founders vs Glas Trust
■ Solicitor general on X vs govt


Wipro Q1 profit rises 11% YoY; CEO says AI now central to clients

Srini Pallia, CEO, Wipro

In a sluggish IT spending climate, Wipro’s topline stayed muted in the June quarter, but strong deal momentum offered a silver lining.

Snapshot:

  • Net profit: up 11% YoY and down 6.7% QoQ to…

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