Wipro Q2 net up eight percent

Image
IANS Bangalore
Last Updated : Oct 22 2014 | 7:35 PM IST

Wipro Ltd Wednesday reported net profit of Rs.2,085 crore for second quarter (July-Sep) of this fiscal (2014-15), posting a modest eight percent growth year-on-year (YoY) as per Indian accounting standards.

In a regulatory filing with the Bombay Stock Exchange (BSE), the global software major said revenue for the quarter (Q2) under review also grew eight percent YoY to Rs.11,684 crore.

Under the International Financial Reporting Standard (IFRS), net income for the quarter was $337 million and total revenue $1.9 billion.

Revenue from its global IT services grew 8.6 percent YoY to $1.8 billion (Rs.10,924 crore), which is a sequential growth of 1.8 percent.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 22 2014 | 7:30 PM IST

Next Story