Wipro looking at smaller clients forhigher revenues, says CFO Dalal
IT major Wipro is looking at securing long-term revenue pipelines from its smaller clients to grow its annual revenue to $15 billion from its current $11 billion, according to CFO Jatin Dalal. However, in an interaction with FE, Dalal did not give any time frame by when the company aims to achieve the revenue target.
In the past, Wipro had targeted the $15-billion annual revenue mark by 2020 under a different CEO, but was not able to achieve the same.
“Some of our biggest clients today started out as small. For example, with a very large bank, we may start with annual billing of just $300,000 or $500,000.