Continued weakness in Europe
Europe declined 0.1% QoQ due to weak demand and client-specific issues; management expects softness to persist in Q3.
WIPRO / Q2-FY25 / risks
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Wipro · Material risks, their source context, and severity in the latest available quarter.
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Risk intelligence
Material risks this quarter
high
Delayed recovery in Manufacturing and ENU
Manufacturing (-2%) and Energy & Utilities (-3.7%) remained weak; management cited pipeline but no timeline for recovery.
Furlough impact on BFSI and Capco
Capco's consulting business is more susceptible to furloughs, which could weigh on Q3 growth despite strong momentum.
Slow conversion of large deals to revenue
Large deals take 2-3 quarters to ramp up; analyst flagged delayed conversion, though management expressed confidence.