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HindustanTimes Wed,03 Sep 2014

Wipro Q4 net profit up by 17% to Rs. 1728.7 crore

Reuters   April 19, 2013
First Published: 09:25 IST(19/4/2013) | Last Updated: 09:45 IST(19/4/2013)

Wipro Ltd, India's third-largest software services provider, reported a 16.7% rise in quarterly profit on Friday, joining industry leader Tata Consultancy Services Ltd in reporting upbeat results this week.

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Consolidated net profit for the fourth quarter ended March 31 rose to 17.29 billion rupees ($320 million) from 14.81 billion rupees in the year-earlier period, Wipro said in a statement.

That compared with the 17 billion rupee average of 19 brokerage estimates on Thomson Reuters I/B/E/S. Markets are closed in India on Friday for a public holiday.

Wipro's customers include Citigroup Inc and Apple Inc. ($1 = 54.0750 rupees)


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