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Wipro Q4 net profit at Rs 880cr

April 18, 2008

Wipro Ltd, India's third-largest software services exporter, announced its Q4 results on Friday.

Wipro, which offers IT solutions such as system integration, software application development and back-office services, said Q4 consolidated net profit was up at Rs 880 crore (Rs 8.8 billion) versus Rs 851.1 crore (Rs 8.51 billion), QoQ.

Its consolidated net sales was up at Rs 5,691.9 crore (RS 56.92 billion) versus Rs 5,339.6 crore (Rs 53.4 billion), QoQ.

Its FY08 consolidated net profit was at Rs 3,282.90 crore (Rs 32.81 billion) and consolidated net sales was at Rs 20,019.50 crore (RS 200.19 billion).

Highlights of the results...

Image: Wipro chairman, Azim Premji announces the financial results for the quarter ended 31 December 2007, on the Wipro campus in Bangalore, 18 January 2008. | Photograph: Dibyangshu Sarkar/AFP/Getty Images

Also read: An amazing story: From Rs 60,000 to Rs 435 crore!
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