Home / Companies / Wipro Q1 profit rises 4% to Rs2,190 crore on higher global IT spending
Back

Mumbai/ Bengaluru: Higher IT spending by global clients helped Indian software company Wipro Ltd to post quarterly profit broadly in line with forecasts, the company said on Thursday.

India’s third-biggest software services exporter reported a 4% rise in net profit for its first quarter to 30 June. Profit was 2,190 crore ($343.8 million), compared with 2,103 crore in the same period last year.

Analysts, on average expected a profit of 2,183 crore, according to Thomson Reuters data.

Total revenue rose 10% to 12,371 crore, with the company taking on 36 new clients.

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less

Recommended For You

Trending Stocks

×
Get alerts on WhatsApp
Set Preferences My ReadsWatchlistFeedbackRedeem a Gift CardLogout