Wipro's net worth FY 2014-2024
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In fiscal year 2024, the net worth of Wipro Limited amounted to about 751 billion Indian rupees, down from about 781 billion Indian rupees in the previous fiscal year. Wipro Limited is an Indian multinational corporation that provides information technology, consulting and business process services and is headquartered in Bangalore.
History of the company
The West India Palm Refined Oils Limited (Wipro) started its journey as a vegetable and refined oils manufacturer and later diversified its business into the information technology sector in 1980. By 2024, Wipro emerged as the third-largest IT services and consulting company in India in terms of net sales. The major share of Wipro’s IT services revenue came from the banking, financial services, and insurance segments during this period. The company employs more than 190 thousand people in India and over 40 thousand employees worldwide in the financial year 2024.
Major Indian tech giants
Other prominent information technology services and consulting firms in South Asia include Tata Consultancy Services (TCS), Infosys, and HCL Technologies. The revenue of TCS worldwide has steadily increased, reaching nearly 30 billion U.S. dollars in the financial year 2024. In comparison, Infosys's worldwide revenue exceeded 18 billion U.S. dollars during the same period.
