Business Standard

Wipro Q4 consolidated net profit rises 4% to Rs 3,087 crore

Attrition rate at near 24%, revenue up over 28% to Rs 20,860 crore

Wipro
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BS Web Team New Delhi
IT major Wipro on Friday reported a 4 per cent rise in its consolidated net profit to Rs 3,087.30 crore for the quarter ended March, from Rs 2,972.30 crore posted in the same quarter last year.

The consolidated revenue from operations stood at Rs 20,860 crore, up 28.4 per cent from Rs 16,245.4 crore in the year-ago quarter.

Wipro reported an attrition rate at 23.8 per cent.

Wipro said it expects revenue from our IT services business to be in the range of $2,748 million to $2,803 million. This translates to a sequential growth of 1% to 3%.

In the reported quarter, its IT

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