Wipro Enterprises Pvt Ltd, led by Azim Hasham Premji, reported a 9.8% rise in consolidated revenue, reaching ₹16,902 crore for the financial year ending March 2024. The company’s profit surged 35% to ₹1,903.1 crore, according to filings with the Registrar of Companies (RoC).
Total income, including other revenue, rose by 11.2% to ₹17,761.3 crore, compared to ₹15,387.8 crore in revenue and ₹1,410.1 crore in profit recorded in FY23, as per data accessed via business intelligence platform Tofler. As of March 31, 2024, Azim H. Premji held a 77.65% stake in the company, while the remaining 21.84% was owned by the Azim Premji Trust. Wipro Enterprises operates across diverse sectors, including consumer care, home care, food, hydraulics, aerospace components, lighting solutions, industrial automation, and additive manufacturing.
Wipro Consumer Care and Lighting, recognized for popular brands like Santoor, Yardley, and Chandrika, posted a net revenue of ₹10,269.5 crore in FY24, reflecting a modest 3.13% growth over the previous year’s ₹9,956.9 crore. Meanwhile, Wipro Infrastructure Engineering delivered a strong performance with a 22.1% revenue increase, reaching ₹6,632.5 crore compared to ₹5,430.9 crore in FY23. This segment focuses on hydraulic and pneumatic components, aerospace parts, industrial automation, and water treatment solutions, showcasing its versatility across engineering domains.
In terms of regional contributions, the domestic market led with ₹8,042.2 crore in revenue, an 8.67% rise, representing nearly half of the company’s total sales. Southeast Asia and China contributed ₹3,535.6 crore, followed by Malaysia with ₹1,521.1 crore. European operations accounted for ₹1,766.6 crore, while revenue from the United States stood at ₹1,432.5 crore, highlighting Wipro Enterprises’ balanced global footprint.
Wipro Consumer Care and Lighting, recognized for popular brands like Santoor, Yardley, and Chandrika, posted a net revenue of ₹10,269.5 crore in FY24, reflecting a modest 3.13% growth over the previous year’s ₹9,956.9 crore. Meanwhile, Wipro Infrastructure Engineering delivered a strong performance with a 22.1% revenue increase, reaching ₹6,632.5 crore compared to ₹5,430.9 crore in FY23. This segment focuses on hydraulic and pneumatic components, aerospace parts, industrial automation, and water treatment solutions, showcasing its versatility across engineering domains.
In terms of regional contributions, the domestic market led with ₹8,042.2 crore in revenue, an 8.67% rise, representing nearly half of the company’s total sales. Southeast Asia and China contributed ₹3,535.6 crore, followed by Malaysia with ₹1,521.1 crore. European operations accounted for ₹1,766.6 crore, while revenue from the United States stood at ₹1,432.5 crore, highlighting Wipro Enterprises’ balanced global footprint. The growth underscores Wipro Enterprises’ strong presence across consumer goods and engineering segments, catering to markets in India, Asia, Europe, and the US.
Wipro Enterprises is a diversified global conglomerate with a focus on consumer care, lighting, infrastructure engineering, and industrial automation. Established in 2013, the company operates independently from Wipro Limited, its IT-focused counterpart, and has built a strong presence in over 60 countries. Wipro Consumer Care & Lighting offers a wide range of products, including personal care, home care, and wellness solutions, under popular brands such as Santoor, Chandrika, and Yardley. The Infrastructure Engineering division is a leading provider of hydraulic solutions for construction, mining, and agriculture industries, with a robust manufacturing footprint across the globe. With innovation and sustainability at its core, Wipro Enterprises continues to expand its portfolio and deliver value to customers across diverse markets.
