Rs 2,968 crore Q3 profit for Wipro
IT major Wipro in January reported 20.85 percent
IT major Wipro in January reported 20.85 percent growth in its consolidated net profit for the October-December quarter at Rs 2,968 crore. The company had reported a net profit of Rs 2,455.9 crore during the corresponding period of the last fiscal (FY 2019-20). Its revenue increased 1.3 per cent during the period under review to Rs 15,670 crore. Thierry Delaporte, CEO and Managing Director, Wipro said: “Wipro has delivered a second consecutive quarter of strong performance on order booking, revenue and margins. Five of our sectors grew over 4 per cent sequentially.”
“We closed our largest ever deal in Continental Europe. The demand environment is steadily improving, especially for digital transformation, digital operations, and cloud services,” the CEO said.