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Wipro September Quarter Profit Rises 6%

Bengaluru-headquartered Wipro posted revenue of Rs 13,469 crore, while revenue from core IT services was Rs 13,169 crore.
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Wipro's Q2 profit was helped by an uptick in its banking and financial services segment
Wipro's Q2 profit was helped by an uptick in its banking and financial services segment
Wipro Ltd, India's third-largest software services exporter, posted a six per cent rise in second-quarter profit on Tuesday, helped by an uptick in its banking and financial services segment.

Profit rose to Rs 2,192 crore ($337.5 million) in the three months ended September 30, from Rs 2,067 crore in the same period a year earlier, Wipro said.

Analysts on average expected the company to post a profit of Rs 2,080 crore, Thomson Reuters data showed.

Bengaluru-headquartered Wipro posted revenue of Rs 13,469 crore, while revenue from core IT services was Rs 13,169 crore. ($1 = Rs 64.91)

© Thomson Reuters 2017



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