{"id":986025,"date":"2026-01-17T09:12:47","date_gmt":"2026-01-17T03:42:47","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=986025"},"modified":"2026-01-17T09:24:52","modified_gmt":"2026-01-17T03:54:52","slug":"wipro-profit-falls-4-on-labour-code-charge","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/01\/17\/wipro-profit-falls-4-on-labour-code-charge\/","title":{"rendered":"Wipro profit falls 4% on labour code charge"},"content":{"rendered":"<p>The country\u2019s fourth largest IT services firm, Wipro on Friday reported a sequential decline in net profit for the October-December quarter even as revenue rose ahead of Street estimates, with earnings weighed down by one-time labour code-related charges and restructuring costs.<\/p>\n<p>The company posted a consolidated net profit of Rs 3,119 crore, down 3.9% quarter-on-quarter from Rs 3,246 crore and below Bloomberg estimates of Rs 3,353 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The country\u2019s fourth largest IT services firm, Wipro on Friday reported a sequential decline in net profit for the October-December quarter even as revenue rose ahead of Street estimates, with earnings weighed down by one-time labour code-related charges and restructuring costs. The company posted a consolidated net profit of Rs 3,119 crore, down 3.9% quarter-on-quarter from Rs 3,246 crore and below Bloomberg estimates of Rs 3,353 crore.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-986025","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/986025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=986025"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/986025\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=986025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=986025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=986025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}