Wipro reported a 4.6% year-on-year increase in net profit to Rs 3,003.2 crore for Q1 FY25, despite a 3.8% decline in revenue to Rs 21,963.8 crore. The company's revenue missed estimates, leading to an 8% drop in its ADR. Large deal bookings stood at $1.2 billion, IT services margin expanded by 0.4% YoY, and EPS increased by 9.9%. Operating cash flows were 131.6% of net income. Meanwhile, Reliance Industries reported a 5% decline in net profit to Rs 15,138 crore, with revenue up 12%. The company's performance was impacted by lower fuel cracks, tepid global demand, and its O2C business. Reliance Retail's net profit rose 4.6% to Rs 2,549 crore, and its gross revenue grew 8.1% to Rs 75,615 crore.