Earnings per share (EPS) for the quarter was Rs 4.3 per share and grew 36.7 per cent YoY, the company said in its statement.
Wipro posted a 2.1 per cent year-on-year (YoY) rise in its net profit at Rs 21.2 billion for the quarter ended 30 June.
The company saw revenue dip by 2.5 % to Rs 13,423 crore as income from customers in the US rose marginally
Sees December quarter revenues from IT services to be in range of $2.01 bn-$2.05 bn
Wipro, India's third largest IT services company, is likely to achieve moderate growth for July-September quarter with revenue numbers remaining in line with its guidance. The Bengaluru-headquartered company will announce it second quarter financial results on Tuesday. Wipro's IT services revenue growth should largely remain within the band of 0.5 to 1.5 per cent in constant currency terms, said analysts. Four major brokerage firms - ICICI Securities, Prabhudas Lilladher, Edelweiss, IDBI Capital - have forecast that the company's growth in constant currency terms will vary between 0.5 to 1.5 per cent, while it might see a tad better numbers in US dollar due to cross- currency benefits. The IT major had guided -0.5 to 1.5 per cent growth in US dollar revenues for the second quarter of this fiscal. Wipro's results will be second biggest IT numbers for July-September quarter after Tata Consultancy Services posting little more than 4 per cent growth in topline for the period. TCS net ...
You can log on to their official website www.wipro.com to apply online.
However, revenue from operations rose 2% to Rs 136.69 bn as against Rs 134.23 bn in September 2017
We have invested close to $80 million dollar in our big bets in the recent quarters, he said
During October-December period, consolidated revenues of the company rose 2.7 per cent on a year-on-year (YoY) basis at Rs 15,470 crore
Revenue for the company stood at Rs 15,470.5 crore, up 2.73 per cent YoY at Rs 15,059.5 crore.
The company is almost done with its internal restructuring and focusing on execution, Abidali Neemuchwala tells Business Standard
Wipro saw profits drop by 4.69% to Rs 8,514 cr on revenues of Rs 55,418 cr in FY17
The success of Wipro was not his but of many people in leadership and in levels below leadership, who have devoted their lives and commitments to this, he said. The same thing applies to a foundation
Wipro said it had bought back 32.3 crore equity shares under the buyback scheme at Rs 325 apiece, and the total amount utilised was about Rs 10,499.99 crore
The Azim Premji Foundation works in education in the country and supports other not-for-profit organisations
Net Income for the quarter was Rs 2,080 crore, an increase of 1.2% YoY
IT services revenue grew 0.9% on reported dollar basis to $1.97 billion over the March 2017 quarter
Wipro Chairman Azim Premji has reassured shareholders of growth coming from the US
IT services revenue, which contributes more than 95 per cent of its gross revenues, witnessed a sequential decline of 0.7 per cent at $2.038 billion in constant currency terms
Wipro's mainstay IT services revenue was $2,038.8 million, up 4.3 per cent year-on-year