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Wipro H1 Net Profit Increases 121%

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Our Bureau BANGALORE

Wipro Ltd yesterday announced better than expected half-year and second quarter results with net profit for H1 increasing by 121 per cent to Rs 261.7 crore.

Revenues for the half-year ended September 30 rose by 39 per cent to Rs 1,376 crore. Net profit for the quarter ended September 30 jumped to Rs 154 crore from Rs 71.2 crore in the corresponding quarter last year.

Wipro Technologies, the global IT services arm of the company, accounted for 56 per cent of the total revenue and 88 per cent of the profit before interest and tax. The division

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First Published: Nov 01 2000 | 12:00 AM IST

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