WIPRO POSTS 27.7% JUMP IN PROFIT

NEW DELHI: IT company Wipro on Thursday posted a 27.7 per cent jump in consolidated net profit to Rs 2,972 crore for the fourth quarter ended March 31, 2021. Wipro had posted a net profit of Rs 2,326.1 crore attributable to equity holders of the company in the same period a year ago.

The revenue of the firm increased by 3.4 per cent to Rs 16,245.4 crore during the March quarter, compared to Rs 15,711 crore in the corresponding period of 2019-20.

For FY21, the company’s consolidated net profit grew by 11 per cent to Rs 10,796.4 crore from Rs 9,722.3 crore in the previous fiscal.