Wipro Q4 net up 15% at Rs 1,010 cr

Software firm Wipro Technologies on Wednesday said it has reported a 14.77 per cent rise in consolidated net profit at Rs 1,010 crore for the fourth quarter ended March, 2009.

Software firm Wipro Technologies on Wednesday said it has reported a 14.77 per cent rise in consolidated net profit at Rs 1,010 crore for the fourth quarter ended March, 2009.

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The Bangalore-based firm had a net profit of Rs 880 crore in the same quarter of FY'08, Wipro said in a filing to the Bombay Stock Exchange. The total income surged 13.55 per cent at Rs 6,583.20 crore in the March quarter from Rs 5,797.40 crore in the same period last fiscal.

The board has declared a dividend of Rs four a share, on shares of face value of Rs two each for the financial year ended March 2009.

For the financial year ended March 2009, Wipro posted a 18.79 per cent growth rate in consolidated net profit at Rs 3,899.90 crore, while it had a net profit of Rs 3,282.90 crore in FY'08. The total income for the fiscal year rose 27.87 per cent to Rs 26,108.10 crore over the last year.