Wipro Q1 net profit rises marginally to Rs 2,390 crore

(File photo)

NEW DELHI: Software services exporter Wipro on Tuesday reported a marginal 0.12 per cent rise in its consolidated net profit for the first quarter (Q1) ended June 30.
The Bengaluru-based company posted a net profit of Rs 2,390 crore as against a net profit of Rs 2,387 crore posted in the same period last year.
On quarterly basis, the company reported a 1.22 per cent rise in net profit as compared to Rs 2,326 crore reported in previous quarter.
The company’s revenue from operations rose 1.33 per cent to Rs 14,913 crore in Q1 from Rs 14,716 crore reported in the same period previous fiscal. While, its IT services revenue surged 1.7 per cent to Rs 14,595 crore in the period under consideration from Rs 14,351 crore posted in Q1 last year.
Shares of Wipro finished 2.50 points or 1.10 per cent lower at Rs 225.05 on the BSE.

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