Home / Markets / News / Wipro Q1 net up 12.5% at Rs 2,388 crore, IT Services margin at 18.4%

Wipro Q1 net up 12.5% at Rs 2,388 crore, IT Services margin at 18.4%

Revenue for the period came in at Rs 14,716.1 crore, up 5.28 per cent YoY.

Premium

Wipro expects revenue from the IT Services business to be in the range of $2,039 million to $2,080 million for the quarter ending September 2019

SI Reporter New Delhi

3 min read Last Updated : Jul 18 2019 | 12:01 AM IST

Wipro on Wednesday reported a 12.5 per cent rise in its consolidated PAT (profit after tax) or net profit at Rs 2,387.6 crore for the quarter ended June 30, 2019. The IT services company had posted PAT of Rs 2,120.8 crore in the year-ago period. Sequentially, the numbers dropped 3.86 per cent.

Revenue for the period came in at Rs 14,716.1 crore, up 5.28 per cent YoY.

Basic earnings per share (EPS) for the quarter under review stood at Rs 3.97 against Rs 3.53 in the year-ago period and 4.13 in the previous quarter. EBIT margin declined 90 bps to

Topics : Wipro results

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in