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Wipro Q4 profit up 7.7% at Rs 1,480.90 cr

Wipro Q4 profit up 7.7% at Rs 1,480.90 cr

India's No. 3 software services exporter posts a 7.7 per cent rise in quarterly net profit and forecasts muted revenue growth for its key IT services unit due to a fragile global economy.

Meeting expectations, India's No. 3 software services exporter, Wipro Ltd, on Wednesday posted a 7.7 per cent rise in quarterly net profit at Rs 1,480.90 crore. The company forecasts muted revenue growth for its key IT services unit due to a fragile global economy.

SPECIAL: Wipro makes a comeback

The company said it expects June quarter revenue of $1.52 billion to $1.55 billion at its IT services unit, a rise of 0.6 per cent from the March quarter at the top end of the range.

Business Today's Goutam Das tweets on Wipro's Q4 results-


  • Wipro Q4 revenues at $1.54 billion
  • Wipro guides flat revenue growth for the June quarter
  • Wipro Q4 revenues up 2 per cent sequentially by Q1 outlook less encouraging
  • Wipro's Q1 guidance poor than Infosys; results a mixed bag



Published on: Apr 25, 2012, 9:25 AM IST
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