Wipro has reported results for second quarter ended September 30, 2016.
The company has reported 10.26% fall in its net profit at Rs 1932.10 crore for the quarter under review as compared to Rs 2153.10 crore for the same quarter in the previous year. However, total income of the company increased by 3.21% at Rs 12101.60 crore for the quarter under review as compared Rs 11724.90 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 7.61% fall in its net profit after taxes, minority interest and share of profit of associates at Rs 2070.40 crore for the quarter ended September 30, 2016 as compared to Rs 2241.00 crore for the same quarter in the previous year, hurt by slower ramp-ups and cautious spending by some large clients across verticals. However, total income of the company has increased by 9.16% to Rs 14407.30 crore for quarter under review from Rs 13198.60 crore for the quarter ended September 30, 2015.
| Company Name | CMP |
|---|---|
| TCS | 2573.30 |
| Infosys | 1311.00 |
| HCL Tech. | 1431.65 |
| Wipro | 203.45 |
| Tech Mahindra | 1512.65 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: