Wipro records gross revenue of Rs 215.3 billion in Q1
In its financial results, it was announced under the International Financial Reporting Standards (IFRS) for the first quarter ended June 30, the IT service segment revenue was $ 2,735.5 million, an increase increased by 2.1 percent QoQ and 17.2 percent yoy.
Net income for this quarter is RS 25.6 billion and profit per share for the quarter is at RS 4.69 ($ 0.061).“The closing strength of our employees for IT services is at 258,574, an increase“We have made a significant investment in the wipro growth machine and are very happy with the results. Our order order grew 32 percent yoy in the term total contract value, supported by a large transformational agreement, and our pipeline today is at the highest point of all time.
Continue to strengthen investment that allows us to develop our business, remain nimble in the market and efficiently as an organization, while staying focused on serving our clients better, “he said.Chief Financial Officer Jatin Dalal said: “We consistently invest in solutions and the ability for our growth to further strengthen our position to become a strategic partner for our clients. With 15 percent of operation margins, we believe that we have reached the lowest point.”
