MoneyWorks4Me

Wipro reports 30% rise in Q1 consolidated net profit

24 Jul 2014 Evaluate

Wipro has reported results for first quarter ended June 30, 2014.

The company’s net profit has surged 54.50% at Rs 2067.20 crore as compared to Rs 1338.00 crore for the quarter ended June 30, 2013. Its total income has increased by 18.59% to Rs 10574.50 crore for the quarter under review from Rs 8914.30 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 29.56% rise in its net profit after taxes, minority interest and share of profit of associates at Rs 2103.20 crore for the quarter as compared to Rs 1623.30 crore for the same quarter in the previous year. Consolidated total income of the company has increased by 15.89% at Rs 11669.40 crore for quarter under review as compared to Rs 10069.30 crore for the quarter ended June 30, 2013.

Peers
Company Name CMP
TCS 2250.00
Infosys 1076.00
HCL Technologies 1255.00
Wipro 169.85
Tech Mahindra 1575.00
View more..