NEW DELHI: IT main Wipro on Friday declared a 11.85 in step with cent quarter-on-quarter fall in consolidated internet benefit at Rs 1,930.10 crore for the 3rd quarter. The results are under what the Street had anticipated.
Wipro had posted a internet benefit of Rs 2,189.60 crore in the similar quarter earlier year.
The corporate's IT services and products profits ahead of hobby and taxes (EBIT) was once reported at Rs 1,959 crore, towards Rs 2,278 crore, down 14 in step with cent from similar duration last year. The earnings from IT services and products however were given a spice up expanding 1.83 in step with cent year-on-year to Rs 13,669 crore right through the quarter underneath evaluation towards Rs 13,423.40 crore in the similar quarter last year.
The corporate expects an additional ramp up in revenues from IT services and products in the March quarter.
The corporate has declared an period in-between dividend of Re 1 in step with proportion.
"We continued to improve our growth trajectory driven by strong momentum in banking, financial services and insurance (BFSI) and uptick in healthcare," Wipro CEO and Member of the Board Abidali Z Neemuchwala stated.
The corporate noticed its headcount at 1,62,553 at the end of the 3rd quarter.
Wipro had posted a internet benefit of Rs 2,189.60 crore in the similar quarter earlier year.
The corporate's IT services and products profits ahead of hobby and taxes (EBIT) was once reported at Rs 1,959 crore, towards Rs 2,278 crore, down 14 in step with cent from similar duration last year. The earnings from IT services and products however were given a spice up expanding 1.83 in step with cent year-on-year to Rs 13,669 crore right through the quarter underneath evaluation towards Rs 13,423.40 crore in the similar quarter last year.
The corporate expects an additional ramp up in revenues from IT services and products in the March quarter.
The corporate has declared an period in-between dividend of Re 1 in step with proportion.
"We continued to improve our growth trajectory driven by strong momentum in banking, financial services and insurance (BFSI) and uptick in healthcare," Wipro CEO and Member of the Board Abidali Z Neemuchwala stated.
The corporate noticed its headcount at 1,62,553 at the end of the 3rd quarter.
Wipro Q3 net profit slips 12%, misses estimates
![Wipro Q3 net profit slips 12%, misses estimates]()
Reviewed by Kailash
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January 21, 2018
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