Monday, 19 January 2015

Wipro reports 9% rise in Q3 consolidated net profit

Wipro has reported results for third quarter ended December 31, 2014.
The company has registered 3.44% fall in its net profit at Rs 1992.30 crore for the quarter under review as compared to Rs 2063.30 crore for the same quarter in the previous year. However, total income of the company has increased 4.92% at Rs 11078 crore for Q3FY15 as compared Rs 10559 crore for the corresponding quarter previous year.
On the consolidated basis, the company’s net profit after taxes, minority interest and share of profit / (loss) of associates rose 8.84% to Rs 2192.80 crore for the Q3 FY15 as compared to Rs 2014.70 crore in Q3 FY14. Moreover, the total income surged 7.52% to Rs 12588.60 crore in the quarter under review as compared to Rs 11708.60 crore in the corresponding quarter previous year.

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