Tariq Premji, the younger son of billionaire and philanthropist Azim Premji, has been appointed to the board of Wipro Enterprises.
"His independent objective view will add value to the board's deliberations," the company added.
Wipro Consumer Care is primarily into personal care products, lighting solutions and office furniture, while Wipro Infrastructure Engineering provides hydraulic solutions for a wide range of applications including aerospace and defence and complete end-to-end solutions in water and wastewater treatment for industrial applications.
Wipro Enterprises' board is headed by Azim Premji. Other board members include Suresh C Senapaty, Vineet Agrawal who is he of CEO Consumer Care & Lighting and Executive Director of Wipro Enterprises, Pratik Kumar who is CEO Wipro Infrastructure Engineering & Executive Director of Wipro Enterprises.
In fiscal 2016-17, Wipro Enterprises reported 34 per cent increase in consolidated net profit to Rs 949.3 crore for the current year as against Rs 710.5 crore in the previous year.
Its sales increased by 10 per cent to Rs 8,248 crore in 2016-17 as against Rs 7,477 crore in the previous year.
Promoter and promoter group shareholding in Wipro Enterprises is at 98.45 per cent.
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