Wipro Consumer Care & Lighting (WCCL), the FMCG division of Wipro, reported a 3.5% increase in revenue, reaching ₹10,600 crore for the financial year 2024-25. However, the company said that inflation and weak consumer demand affected overall performance.
CEO Vineet Agrawal explained that while China saw a big slowdown with sales dropping 20-25%, Wipro faced only small declines there. India’s growth was also low, mainly due to slow market demand and the general elections, which delayed government orders.
Despite these challenges, Wipro achieved 7.8% volume growth, the highest in the industry, with every quarter showing at least 7% volume growth. Products in both the premium and economy categories performed well.
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The company’s well-known Santoor brand (soap and body lotion) earned ₹2,750 crore, slightly more than last year’s ₹2,650 crore. About 51% of total revenue came from international markets.
Other brands like Yardley India also performed well, crossing ₹300 crore in sales with consistent year-on-year growth. The Chandrika brand grew both in India and abroad.
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Wipro’s earlier acquisition, Unza (acquired in 2007), has grown six to seven times since then.
