Wipro posts Q1 profit of Rs 2,121 crore : The Tribune India

Join Whatsapp Channel

Wipro posts Q1 profit of Rs 2,121 crore

BENGALURU:India’s third largest IT firm Wipro on Friday posted over 2% increase in consolidated net profit at Rs 2,120.8 crore for June 2018 quarter.



Bengaluru, July 20 

India’s third largest IT firm Wipro on Friday posted over 2% increase in consolidated net profit at Rs 2,120.8 crore for June 2018 quarter.

The net profit, attributable to shareholders, in the year-ago period was at Rs 2,076.7 crore.

According to a regulatory filing by Wipro, its total profit grew marginally to Rs 2,093.8 crore for the April-June 2018 quarter, from Rs 2,082.6 crore in the year-ago period.

Its revenue from operations grew 2.5% to Rs 13,977.7 crore during the period under review from Rs 13,626.1 crore in the same quarter last year.

Wipro, which gets bulk of its topline from IT services, said it expects revenues from that business to be in the range of $2,009 million to $2,049 million in the September quarter. — PTI

Top News

US sanctions Chinese suppliers for providing critical components of Pakistan’s ballistic missile programme

US sanctions Chinese suppliers for providing critical components of Pakistan’s ballistic missile programme

As a result of the action, all property and interests in pro...

Iraq's popular mobilization forces post hit in air strike, sources say

Iraq's popular mobilization forces post hit in air strike, sources say

US official said there had been no US military activity in I...

Indian student's death in US possibly linked to 'Blue Whale Challenge': Report

Indian student's death in US possibly linked to 'Blue Whale Challenge': Report

The 20-year-old, who will remain unnamed here in deference t...

Tesla's Elon Musk postpones India trip, sources say

Elon Musk postpones India visit, cites ‘very heavy’ Tesla obligations

The Tesla CEO wrote on X that he is looking forward to comin...


Cities

View All