Wipro shares jump nearly 10% after Q4 earnings - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Wipro Q4 profit jumps 27.7% to Rs 2,972.3 cr; revenue up 3.4%
The company s revenue climbed 3.4 per cent YoY to Rs 16,245.4 crore in the quarter under review as compared to Rs 15,711 crore in the same period last year.
BusinessToday.In | April 15, 2021 | Updated 17:28 IST
Wipro expects revenue from its IT services business to grow 2-4 per cent sequentially during April-June quarter.
Wipro on Wednesday reported a 27.7 per cent year-on-year (YoY) rise in its consolidated net profit at Rs 2,972.3 crore during January-March quarter. Sequentially, the company s net profit declined 0.8 per cent from Rs 2,997.8 crore in December quarter.
The company s revenue climbed 3.4 per cent YoY to Rs 16,245.4 crore in the quarter under review as compared to Rs 15,711 crore in the same period last year. On a quarter-on-quarter basis, revenue rose 3.7 per cent from Rs 15,670 crore in October-December quarter.
IT services major Wipro Limited on Wednesday said it has appointed former Walmart executive Subha Tatavarti as its Chief Technology Officer. The company has also appointed Suzanne Dann as Senior Vice President and Sector Head for Capital Markets and Insurance, North America region. Tatavarti will lead Wipro s Service Transformation, Topcoder, Robotics, SVIC, Technovation Centre, Open Innovation and Applied Research teams, Wipro said in a statement. Tatavarti joins Wipro from Walmart, where she led product, technology development and commercialisation of enterprise infrastructure along with Security, data science and Edge platforms, it added. A true champion of digital innovation, Subha will work across our technology spectrum, and help our customers meet the complex demands of the modern enterprise, Wipro CEO and Managing Director Thierry Delaporte said.
Wipro signs agreement to acquire London-headquartered Capco thekashmirimages.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thekashmirimages.com Daily Mail and Mail on Sunday newspapers.
Capco provides services to financial institutions across Americas, Europe and Asia-Pacific, and its clients include many marquee names in the global financial services industry, Wipro said.