Wipro net up 21 percent in fourth quarter

By IANS,

Bangalore : Wipro Ltd posted net profit of Rs.12.09 billion (Rs.1,209 crore) for fourth quarter (January-March) of fiscal 2009-10, registering 21 percent growth year-on-year (YoY), according to the Indian accounting standard.


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In a regulatory filing Friday, the IT bellwether said total revenue for the quarter under review (Q4) increased by eight percent YoY to Rs.69.83 billion (Rs.6,983 crore), as per the Indian accounting standard.

Under the International Financial Regulatory Standard (IFRS), net income for the quarter was $269 million and total revenue $1.55 billion.

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