Wipro Ltd.

Wipro has reported results for fourth quarter and year ended March 31, 2018.  

The company has reported a fall of 23.72% in its net profit at Rs 1757.20 crore for the quarter ended March 31, 2018 as compared to Rs 2303.50 crore for the same quarter in the previous year. Total income of the company decreased by 2.97% at Rs 11,914.10 crore for quarter under review as compared to Rs 12,278.80 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported a fall of 20.56% in its net profit at Rs 1800.80 crore for the quarter ended March 31, 2018 as compared to Rs 2267 crore for the corresponding quarter in the FY17. Total income of the company decreased by 4.92% at Rs 14,304.60 crore for quarter under review as compared to Rs 15,045.50 crore for the same quarter ended previous year. 

For the year ended March 31, 2018, the company has posted a fall of 5.38% in its net profit at Rs 7722.80 crore as compared to Rs 8161.70 crore for the same period in the previous year. Total income of company decreased 3.09% at Rs 47,189.60 crore for year under review as compared to Rs 48,693.70 crore for the period ended March 31, 2017.

For the year ended March 31, 2018, on the consolidated basis, the company has posted a fall of 6.04% in its net profit at Rs 8003.10 crore as compared to Rs 8517.90 crore for the same period in the previous year. Total income of company decreased by 1.78% at Rs 57,035.80 crore for year under review as compared to Rs 58,071 crore for the period ended March 31, 2017.