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Wipro June-Quarter Profit Rises 13 Per Cent

The Bengaluru-based company reported a net profit of 23.88 billion rupees ($347.1 million) for the three months ended June 30, compared with 21.21 billion rupees a year ago.

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India's No. 3 software exporter Wipro Ltd. reported a 12.6 per cent jump in first-quarter profit on Wednesday, boosted by robust demand from its key financial clients.

The Bengaluru-based company reported a net profit of 23.88 billion rupees ($347.1 million) for the three months ended June 30, compared with 21.21 billion rupees a year ago.

Analysts on average expected a profit of 23.24 billion rupees.

Revenue rose 5.3% to 147.16 billion rupees.

(Reuters)


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