Advertisement

HindustanTimes Wed,23 Apr 2014

Wipro net up 27% in third quarter

IANS  Bangalore, January 17, 2014
First Published: 18:08 IST(17/1/2014) | Last Updated: 18:13 IST(17/1/2014)

Wipro Ltd reported net profit of Rs.2,015 crore for the third quarter (October-December) of this fiscal (2013-14), posting 27% year-on-year (YoY) growth as per the Indian accounting standard.

Advertisement

In a regulatory filing to the stock exchanges Friday, the IT bellwether said revenue for the quarter under review (Q3) rose 18% YoY to Rs.11,332 crore.

Under the International Financial Reporting Standard (IFRS), net income for the quarter was $325 million and revenue $1.8 billion, including $1.7 billion from its global IT services.

Advertisement
more from Business

GM seeks US court protection against ignition lawsuits

General Motors Co filed a motion in a US court to enforce a bar on lawsuits stemming from ignition defects in cars sold before its 2009 bankruptcy as it fights proposed class action litigation that seeks to set aside the restriction.
markets
Advertisement
Most Popular
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved