Wipro Q4 profit jumps 28% YoY to Rs 2,972 crore; revenue rises 3.4%

Ahead of the results, the shares of the firm ended 2.95 per cent higher at Rs 431 on the BSE.

Wipro on Thursday reported a consolidated net profit of Rs 2,972.3 crore for March quarter of financial year 2020-21 (Q4FY21), up 27.78 per cent year-on-year (YoY), as against Rs 2,326.1 crore posted in the same period last year. The company announced Q4FY21 numbers post market hours.

On a quarter-on quarter (QoQ) basis, the profit increased marginally by 0.14 per cent, compared to Rs 2,968 crore reported in the December quarter of FY21. 

Its consolidated revenue from operations, meanwhile, climbed 3.4 per cent YoY to Rs 16,245.4 crore in the recently concluded quarter. This stood at Rs 15,711 crore in the