Wipro Q4 net profit up 27% at Rs 2,972 cr

Tribune News Service

Updated At : 12:54 PM Apr 16, 2021 IST

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New Delhi, April 15

Information technology company Wipro on Thursday posted a 27.7 per cent jump in consolidated net profit to Rs 2,972 crore for the fourth quarter ended March 31, 2021.

Wipro had posted a net profit of Rs 2,326.1 crore attributable to equity holders of the company in the same period a year ago.

The revenue of the IT firm increased by 3.4% to Rs 16,245.4 crore during the reported quarter, compared to Rs 15,711 crore in the corresponding period of 2019-20.

For the year ended March 31, 2021, the company’s consolidated net profit grew by 11% to Rs 10,796.4 crore from Rs 9,722.3 crore in the previous fiscal.

The annual revenue of Wipro for 2020-21 increased by 1.5 per cent to Rs 61,943 crore from Rs 61,023.2 crore in 2019-20. — PTI

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