|Last Updated||23 April 2019|
|Founders||M.H. Hasham Premji|
The above graph represents Wipro revenue from Europe, by year. In fiscal 2018, Wipro’s total revenue was Rs 546,359 million, globally. Interestingly, over one-fourth of the company’s total revenue came from Europe. In the fiscal year ended March 31, 2018, Wipro revenue from Europe reached an all-time high of Rs 138,597 million. That’s a year-over-year increase of 3.5%. It is important to note that, out of Wipro’s four geographic segments – India, Americas, Europe and Rest of the world – Europe is the only region whose revenue keeps increasing year-over-year, for the last 18 years.
Fiscal 2014 was the very first time when Wipro’s annual revenue from Europe crossed Rs 100 billion mark. The revenue from Europe increased by a whopping 21% YoY, to Rs 120,868 million (Rs 120.9 billion).
From selling vegetable and refined oils to becoming the first Indian IT Company to be ISO certified, “Western India Vegetable Products Limited” aka Wipro Limited (NSE: WIPRO) has come a long way since its incorporation by Mohammed Premji on 29th December 1945.
After Mohamed Premji’s death, in 1966, his son Azim Premji took over Wipro as its Chairman. He holds a Bachelor of Science in Electrical Engineering from Standford University.
On 7 June 1977, the company’s name changed from Western India Vegetable Products Limited to Wipro Products Limited. Later in 1982, the company’s name was changed again, from Wipro Products Limited to Wipro Limited.
With its headquarters in Sarjapur, Bengaluru, Karnataka, India, its products and services are not confined to a niche. It manufactures products in Personal care and healthcare, Lighting, Furniture and provides IT-Based services in Digital Strategy, Consulting, Outsourcing & Aerospace. This huge list of products and services gained Wipro revenue of $8.5 billion in FY 2019.
Wipro claims to have 175,690 dedicated employees worldwide as of FY 2019. Out of which, 35.2% are women employees.
In 1990, Wipro formed a joint venture with GE Healthcare South Asia called “Wipro GE Medical Systems Limited”. This partnership was engaged in the research and development of advanced solutions to cater to patient and customer needs in healthcare.
The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.