The net profit in the October-December 2017 quarter was at Rs 1,930.1 crore.
During Q4, Wipro signed a strategic partnership with Alight Solutions to acquire its India operations for $117 million.
New Delhi: IT services major Wipro on Friday posted a 31.8 per cent increase in consolidated net profit at Rs 2,544.5 crore for October-December 2018 compared to the year-ago period.
The company’s board has also approved an issue of bonus shares — offering one bonus share for every three held by shareholders, a BSE filing said.
The net profit in the October-December 2017 quarter was at Rs 1,930.1 crore. Wipro's revenue from operations expanded 10.17 per cent to Rs 15,059.5 crore during the period from Rs 13,669 crore a year ago.
"Our strategic investments, backed by strong client relationships and client spends towards enterprise modernisation and digital transformation have enabled.
( Source : financial chronicle )
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