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Gross Margin
Wipro Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | IN |
Market Cap | 3.2T INR |
Gross Margin |
30%
|
Country | IE |
Market Cap | 223.9B USD |
Gross Margin |
32%
|
Country | US |
Market Cap | 205.7B USD |
Gross Margin |
57%
|
Country | IN |
Market Cap | 15T INR |
Gross Margin |
97%
|
Country | IN |
Market Cap | 8T INR |
Gross Margin |
30%
|
Country | IN |
Market Cap | 5.2T INR |
Gross Margin |
86%
|
Country | US |
Market Cap | 39.1B USD |
Gross Margin |
34%
|
Country | US |
Market Cap | 37.5B USD |
Gross Margin |
68%
|
Country | JP |
Market Cap | 5.1T JPY |
Gross Margin |
32%
|
Country | FR |
Market Cap | 26.8B EUR |
Gross Margin |
27%
|
Country | JP |
Market Cap | 4.2T JPY |
Gross Margin |
27%
|
Wipro Ltd
Glance View
Wipro Ltd., born from the enterprising spirit of Mohamed Premji in 1945 as Western India Vegetable Products Limited, has evolved into a global powerhouse in the information technology sector. Originally dabbling in the production of vegetable oils and refined goods, the winds of change in the 1980s prompted the company, under the visionary leadership of Azim Premji, to pivot towards IT services and consulting. This strategic transformation capitalized on India's burgeoning tech talent and the global demand for cost-effective IT solutions. Today, Wipro is a beacon in the IT services industry, offering a range of solutions including application development, systems integration, and IT consulting to enterprises around the globe. The firm's revenue engine runs on several gears, with key drivers being its IT services, business process outsourcing (BPO), and digital strategy services. Wipro generates income by crafting tailored technology solutions that enhance client efficiency and innovation. By embracing digital transformation, cloud computing, and cybersecurity solutions, Wipro has become indispensable to businesses seeking to modernize and scale in a rapidly evolving digital landscape. Its robust strategic partnerships and investments in emerging technologies ensure it remains competitive and responsive to the demands of a dynamic marketplace. Through this finely tuned operation, Wipro creates value not only for its wide array of clients across different industries but also for its stakeholders, while continuously reinventing itself to stay ahead of the curve.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Wipro Ltd's most recent financial statements, the company has Gross Margin of 30.2%.