Wipro Ltd.

BSE: 507685 | NSE: WIPRO
Large Cap | IT - Software
267.25
7.10 (2.73%)
< Home < Back

Wipro tumbles on reporting weak Q1 numbers

Date: 24-07-2012

Wipro is currently trading at Rs. 345.65, down by 10.80 points or 3.03% from its previous closing of Rs. 356.45 on the BSE.

The scrip opened at Rs. 353.00 and has touched a high and low of Rs. 353.00 and Rs. 341.00 respectively. So far 227229 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 452.50 on 17-Feb-2012 and a 52 week low of Rs. 310.20 on 19-Aug-2011.

Last one week high and low of the scrip stood at Rs. 370.35 and Rs. 341.00 respectively. The current market cap of the company is Rs. 84218.00 crore.

The promoters holding in the company stood at 78.37 % while Institutions and Non-Institutions held 10.06 % and 9.86 % respectively. 

Wipro has reported results for first quarter ended June 30, 2012.

The company has registered a fall of 5.03% in its net profit at Rs 1158.00 crore for the quarter under review as compared to Rs 1219.30 crore for the same quarter in the previous year. However, the total income of the company has increased by 18.69% at Rs 892.75 crore for Q1FY13 as compared Rs 752.15 crore for the corresponding quarter previous year.

On the consolidated basis, the group’s net profit after taxes, minority interest and share of profit of associates surged by 18.38% to Rs 1580.20 crore for the Q1FY13 as compared to Rs 1334.90 crore in Q1 FY12. Moreover, the total income rose 24.34% to Rs 10888.80 crore in the quarter under review as compared to Rs 8757.60 crore in the corresponding previous quarter.