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You are here: Home / Have delivered a good outcome for every quarter, going forward will remain focused on it: Wipro CFO

Have delivered a good outcome for every quarter, going forward will remain focused on it: Wipro CFO

Abidali Neemuchwala, MD & CEO, Jatin Dalal, CFO, Bhanu Murthy, President & COO and Saurabh Govil, President & Chief Human Resources Officer, Wipro, in conversation with Rahul Dayama of ETNOW. Abid, while you are upbeat on demand and largely in-line set of numbers for Q2, you are also optimistic for the remaining two quarters. Going ahead, some macroeconomic factors will influence business. Take us through the impact that you expect from these developments?Abidali Neemuchwala: Our guidance reflects our optimism that Q3 will be better than both Q1 and Q2. The macro environment creates a level of uncertainty which we have to watch continuously. I have talked about the uncertainties around the US trade agreements — be it NAFTA or China, Brexit and the developments in Europe — the interest rate revisions. Rather than interest rates going upwards, they are going downwards. All of those are the macro which affect different industries. For example, the interest rate affects the banking and financial services industry primarily, but then it has a ripple affect everywhere. The trade agreements impacted industries which have big global supply chains like manufacturing, auto industry and so on so forth. Right now, I would say that while the… Read full this story

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Have delivered a good outcome for every quarter, going forward will remain focused on it: Wipro CFO have 326 words, post on cfo.economictimes.indiatimes.com at October 16, 2019. This is cached page on xBlogs. If you want remove this page, please contact us.

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