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Wipro reports 24% rise in Q2 consolidated net profit

02 Nov 2012 Evaluate

Wipro has reported results for second quarter ended September 30, 2012.

The company has reported 63.65% rise in its net profit at Rs 1719.30 crore for the quarter ended September 30, 2012 as compared to Rs 1050.60 crore for the same quarter in the previous year. Total income of the company has increased by 21.57% at Rs 9579.10 crore for quarter under review as compared to Rs 7879.40 crore for the quarter ended September 30, 2011.

On consolidated basis, the company has posted 23.81% jump in its net profit after taxes, minority interest and share of profit of associates at Rs 1610.60 crore for the quarter ended September 30, 2012 as compared to Rs 1300.90 crore for the same quarter in the previous year. Group’s total income has increased by 17.98% at Rs 10943.70 crore for quarter under review as compared to Rs 9275.80 crore for the quarter ended September 30, 2011.

Peers
Company Name CMP
TCS 2496.00
Infosys 1182.00
HCL Technologies 1428.00
Wipro 198.00
Tech Mahindra 1792.20
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