Wipro on Tuesday posted a 37.7 per cent year-on-year (YoY) rise in its consolidated net profit at Rs 2,483.5 crore for January-March quarter of the financial year 2018-19 (FY19) against Rs 1,803 crore reported in the year-ago period. The numbers were mostly in line with analysts estimates. Total income of the company stood at Rs 15,915.3 crore, up 11 per cent YoY.
ICICI Securities, for instance, had pegged Wipro's Q4 PAT at Rs 2,544.4 crore, translating into 1.4 per cent QoQ growth, while analysts at Nirmal Bang expected a 2 per cent QoQ growth in PAT at Rs 2,560 crore.