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Wipro reports 38% rise in Q4 consolidated net profit

Wipro reports 38% rise in Q4 consolidated net profit

Mumbai : Wipro has reported results for fourth quarter ended March 31, 2019. The company has reported a fall of 10.88% in its net profit at Rs 1,566.00 crore for the quarter under review as compared to Rs 1,757.20 crore for the same quarter in the previous year. However, total income of the company increased by 10.27% at Rs 13,138.20 crore for Q4FY19 as compared Rs 11,914.10 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 38.49% in its net profit at Rs 2,493.90 crore for the quarter under review as compared to Rs 1,800.80 crore for the same quarter in the previous year. Total income of the company increased by 11.26% at Rs 15,915.30 crore for Q4FY19 as compared Rs 14,304.60 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a marginal fall of 1.41% in its net profit at Rs 7,614.00 crore as compared to Rs 7,722.80 crore for the previous year. However, total income of the company increased by 7.42% at Rs 50,692.40 crore for year under review as compared to Rs 47,189.60 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 12.68% in its net profit at Rs 9,017.90 crore as compared to Rs 8,003.10 crore for the previous year. Total income of the company increased by 8.06% at Rs 61,632.70 crore for year under review as compared to Rs 57,035.80 crore for year ended March 31, 2018.

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