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Wipro shares jump nearly 10% after Q4 earnings | Business News – India TV


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Shares of Wipro zoomed nearly 10 percent in morning trade on Friday after the company posted a 27.7 percent jump in consolidated net profit at Rs 2,972 crore for the March 2021 quarter
Shares of Wipro zoomed nearly 10 percent in morning trade on Friday after the company posted a 27.7 percent jump in consolidated net profit at Rs 2,972 crore for the March 2021 quarter, and exuded confidence of sustaining strong growth momentum in the coming quarters.
The stock jumped 9.51 percent to Rs 472 its 52-week high on the BSE.
At the NSE, it rallied 9.67 percent to Rs 472.35 it s a one-year high. The results were announced after market hours on Thursday. Wipro had registered a net profit (attributable to equity holders) of Rs 2,326.1 crore in the year-ago period, as per Indian Accounting Standards (Ind-AS). ....

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Wipro shares jump nearly 10% after Q4 earnings - The Hindu BusinessLine

Wipro shares jump nearly 10% after Q4 earnings - The Hindu BusinessLine
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Wipro Q4 profit jumps 27.7% to Rs 2,972.3 cr; revenue up 3.4%


Wipro Q4 profit jumps 27.7% to Rs 2,972.3 cr; revenue up 3.4%
The company s revenue climbed 3.4 per cent YoY to Rs 16,245.4 crore in the quarter under review as compared to Rs 15,711 crore in the same period last year.
BusinessToday.In | April 15, 2021 | Updated 17:28 IST
Wipro expects revenue from its IT services business to grow 2-4 per cent sequentially during April-June quarter.
Wipro on Wednesday reported a 27.7 per cent year-on-year (YoY) rise in its consolidated net profit at Rs 2,972.3 crore during January-March quarter. Sequentially, the company s net profit declined 0.8 per cent from Rs 2,997.8 crore in December quarter.
The company s revenue climbed 3.4 per cent YoY to Rs 16,245.4 crore in the quarter under review as compared to Rs 15,711 crore in the same period last year. On a quarter-on-quarter basis, revenue rose 3.7 per cent from Rs 15,670 crore in October-December quarter. ....

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