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Wipro Q4 net profit at Rs 880cr
April 18, 2008
Results for the quarter ended March 31, 2008
Wipro Limited Revenue increased by 32% YoY to Rs 5,700 cr (Rs 57 bn); PAT grew by 3% YoY* to
Rs 880 cr (Rs 8.80 billion) * Adjusting for one time tax reversals in Q4 07, the YoY PAT growth will be 11.3%
Revenue of Wipro's Global IT Business in dollar terms was $959.9 million, a YoY growth of 39%. In rupee
terms, revenue stood at Rs 3,833 cr (Rs 38.33 billion), a YoY of 26%; PBIT was Rs 804 cr (Rs 8.04 billion) reflecting a growth of 10%
During the quarter, Wipro IT Business won 3 multi-year multi-million dollar deals
Wipro was cited by Forrester as 'A Leader in Oracle Implementation Services'
Global IT Services & Products added 29 new clients in the quarter
India, Middle East & Asia Pac business recorded 41% YoY growth in Revenues to Rs 1096 cr (Rs 10.96 bn); PBIT grew 34% to Rs 98 cr (Rs 0.98 billion)
Wipro Consumer Care and Lighting business Revenue grew 111% YoY and PBIT grew 136% YoY
Image: Wipro campus. | Photograph: Courtesy, Wipro
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