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Wipro reports 4% rise in Q4 consolidated net profit

29 Apr 2022 Evaluate

Wipro has reported results for fourth quarter and year ended March 31, 2022.

The company has reported a rise of 81.84% in its net profit at Rs 5,478.80 crore for the quarter under review as compared to Rs 3,013 crore for the same quarter in the previous year. Total income of the company increased by 37.16% at Rs 18,918.20 crore for Q4FY22 as compared Rs 13,793.20 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a marginal rise of 3.97% in its net profit at Rs 3,092.50 crore for the quarter under review as compared to Rs 2,974.30 crore for the same quarter in the previous year. Total income of the company increased by 27.32% at Rs 21,362.80 crore for Q4FY22 as compared Rs 16,778.70 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported a rise of 20.62% in its net profit at Rs 12,135.30 crore as compared to Rs 10,060.90 crore for the previous year. Total income of the company increased by 22.02% at Rs 64,280.50 crore for year under review as compared to Rs 52,682.30 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 12.66% in its net profit at Rs 12,243.40 crore as compared to Rs 10,868 crore for the previous year. Total income of the company increased by 26.50% at Rs 81,373.20 crore for year under review as compared to Rs 64,325.60 crore for year ended March 31, 2021.

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