Wipro Q1FY21 consolidated net up 0.1% YoY at Rs 2,390.4 cr, revenue up 1.3%

On a sequential basis, revenue declined 5 per cent.

IT major Wipro on Tuesday posted a 0.11 per cent year-on-year (YoY) rise in its consolidated net profit at Rs 2,390.4 crore for the quarter ended June 2020 (Q1FY21). The company had reported a profit of Rs 2,387.6 crore in the year-ago period. Sequentially, the numbers grew 2.76 per cent. It was the first result announcement by the company under its new CEO, Thierry Delaporte, who took charge of the firm earlier this month.

Revenue for the period came in at Rs 14,913.1 crore, up 1.33 per cent against Rs 14,716.1 crore in the year-ago period. On a sequential