The CEO & MD of Wirpo, Thierry Delaporte, said that despite the severe onslaught of the pandemic, secular growth across all SMUs, Sectors, and GBLs the company was able to deliver its best-ever quarter. Both organically and with Capco, the company’s sequential revenue growth was 12.2% which was well ahead of the top-end of our guidance range. He added that he is pleased with how the company collaborated with Capco to build our joint go-to-market offerings and strategy. He reiterated the organization’s focus on deepening customer relationships, investing in talent & capabilities for the future, and winning market share.
Significant Hirings Planned By Wipro
Wipro has surpassed a milestone of 2.0 Lakhs with a total headcount of 209,890 worldwide. The company has hired new 12,150 employees in the first quarter of FY22.
The most extensive IT-based IT in Bengaluru had an attrition rate of 15.5% in the first quarter which is higher than the previous quarter at 12.1% in Q4 FY21.
WFH To End From This Date
Saurabh Govil, Global Head-HR, Wipro, said that the company is planning, depending on the pandemic and third wave, to bring the employees back to the office from September 2021 as the vaccination has picked up.
He vaccinated 58 percent of employees in the first dose and 10 percent in all doses.
Speaking to the media, Govil said, “The return to office will vary from country to country and different stages of the epidemic. It will not be a one-size-fits-all approach.”
Its peer companies TCS and Infosys, are also planning to reinstate employees.
Jatin Dalal, Chief Financial Officer, said, “We have brought strong growth to EPS of 41% YoY as we continue to invest to grow. At 103.7% of our revenue, our quarterly operating income remains healthy. I am also gratified to share that we managed to withdraw our first money from the world market banks for $ 750 million.”