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Wipro reports 20% rise in Q2 consolidated net profit

23 Oct 2013 Evaluate

Wipro has reported results for the second quarter ended September 30, 2013.

The company has reported 1.13% fall in its net profit at Rs 1616.40 crore for the quarter as compared to Rs 1634.80 crore for the same quarter in the previous year. However, total income of the company has increased by 13.67% at Rs 9926.40 crore for quarter under review as compared to Rs 8732.30 crore for the quarter ended September 30, 2012.

On consolidated basis, the company’s net profit after taxes and minority interest and share of profit of associates for the quarter under review grew 19.96% at Rs 1932.10 crore against Rs 1610.60 crore in the second quarter of previous fiscal. Group’s total income from operation rose 18.93% at Rs 11331.90 crore for the quarter from Rs 9528.00 crore in the similar quarter of previous year.

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