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Wipro reports 8% fall in Q4 consolidated net profit

19 Apr 2024 Evaluate

Wipro has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 8.06% rise in its net profit at Rs 2446.60 crore for the quarter under review as compared to Rs 2264.10 crore for the same quarter in the previous year. However, total income of the company decreased by 3.79% at Rs 17625.50 crore for Q4FY24 as compared Rs 18319.30 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 7.61% fall in its net profit at Rs 2858.20 crore for fourth quarter ended March 31, 2024 as compared to Rs 3093.50 crore for the same quarter in the previous year. Total income of the company decreased by 4.03% at Rs 22861.20 crore for Q4FY24 as compared Rs 23821.50 crore for the corresponding quarter previous year. 

For the year ended March 31, 2024, the company has reported 0.63% fall in its net profit at Rs 9118.60 crore as compared to Rs 9176.70 crore for the previous year. Total income of the company decreased by 0.39% at Rs 69838.20 crore for year under review as compared to Rs 70117.20 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 2.23% fall in its net profit at Rs 11112.10 crore as compared to Rs 11366.50 crore for the previous year. Total income of the company decreased by 0.40% at Rs 92391.10 crore for year under review as compared to Rs 92762.20 crore for year ended March 31, 2023.

Wipro Share Price

199.40 -3.55 (-1.75%)
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