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wipro: Wipro Q4 net profit jumps 4% to Rs 3,092 crore – Times of India

by Daily_Bulletin
April 29, 2022
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wipro:  Wipro Q4 net profit jumps 4% to Rs 3,092 crore – Times of India
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NEW DELHI: IT services major Wipro on Friday posted nearly 4 per cent jump in its consolidated net profit for the fourth quarter ended March 31, 2022.
The company reported a net profit of Rs 3,092 crore in the said quarter as against a profit of Rs 2,974.1 crore posted in the same period a year ago.
Wipro’s consolidated revenue from operations during the reported quarter grew about 28 per cent to Rs 20,860 crore. In the year-ago period, the same stood at Rs 16,245.4 crore.
For the year ended March 31, 2022, Wipro posted a 12.57 per cent increase in consolidated net profit at Rs 12,232.9 crore. It stood at Rs 10,866.2 crore in the same period a year ago.
“We have had an outstanding year, finishing with $10.4 billion in revenues, and an industry-leading growth of 27 per cent Year-on-Year (Y-o-Y). This is our sixth straight quarter of strong revenue growth at or over 3 per cent,” Wipro managing director and CEO Thierry Delaporte said in a regulatory filing to the bourses.





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