Wipro’s EBIT margins may improve modestly from 15.1% in FY23E to 16.4% by FY26E on the back of levers like: 1) pricing, 2) lower attrition leading to lower employee cost as a percentage of sales, 3) pyramid optimisation, and 4) shift to fixed price projects where the company can retain certain savings through automation. | Subscribe To Our Free Newsletter |
