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  Business   Companies  19 Jan 2019  Wipro net up 32 per cent, to issue 1:3 bonus shares

Wipro net up 32 per cent, to issue 1:3 bonus shares

FINANCIAL CHRONICLE
Published : Jan 19, 2019, 10:15 am IST
Updated : Jan 19, 2019, 10:15 am IST

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.
 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.

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 

Tags: wipro, shares, revenue, profit
Location: India, Delhi, New Delhi