Wipro has reported a 20.5% YoY fall in consolidated net profit at Rs.1,800.80 crore, for the quarter ended March 31,2018. Last year in the same quarter, it had reported a net profit of Rs.2,267 crore.
On a sequential basis, the profit was down 6.7%. Revenue from operations during the quarter was reported at Rs.13,768.6 crore, against Rs.13,987.5 crore in the year ago period.
Furthermore, the total income of the company came in at Rs.14,304.6 crore, while in the year ago quarter it was at Rs.15,045.5 crore.
Read EquityPandit’s Technical Analysis of Wipro Outlook for the Week