New Delhi, April 19 -- New Delhi:Wipro Ltd on Friday outlined bleak revenue growth for the June quarter, as India's third largest IT services company exited one of its worst years with declining revenue, profit and headcount.

based company posted a 3.8% decline in revenue and 9.5% drop in net employee count in FY24, the highest among its peers. After a flat March quarter, Wipro now expects revenue for the June quarter fall by 1.5%, or grow 0.5% at best.

Net revenue for FY24 came in at $10.8 billion, against $11.2 billion a year ago. For the March quarter, revenue rose a mere 0.1% sequentially, at $2.66 billion. Profit in Q4 increased 5.2% sequentially to $341 million, but fell 2.7% to $1.33 billion for the full year.

More than a fifth ...