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IT firm Wipro on Friday reported 31.83 per cent year-on-year rise in profit at Rs 2,544.50 crore for the quarter ended December 31. The company had posted a profit of Rs 1,930.10 crore in the corresponding quarter last year..
The Economic Times | A Times Internet Limited product
IT firm Wipro on Friday reported 31.83 per cent year-on-year rise in profit at Rs 2,544.50 crore for the quarter ended December 31. The company had posted a profit of Rs 1,930.10 crore in the corresponding quarter last year.
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Wipro Ltd today reported a near 1 per cent quarter-on-quarter fall in its consolidated net profit to Rs 2,974.3 crore for the quarter ended March, which was higher than analysts’ estimate of Rs 2,831.2 crore. The company reported a near 4 per cent quarter-on-quarter growth in consolidated revenues to Rs 16,245.4 crore for the quarter, which was also higher than analysts’ estimate of Rs 15,956.4 crore.
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Wipro Q4 results: Profit beats estimates, jumps 28% to Rs 2,972 cr YoY; revenue rises 4%
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IT major Wipro on Tuesday reported a 35.82 per cent YoY rise in consolidated net profit at Rs 2,561.30 crore for the September quarter compared with Rs 1,885.70 crore in the corresponding quarter last year. On a sequential basis, the profit was up 6.2 per cent. The company has guided for IT services revenue of $2,065 million to $2,106 million for the December quarter. This translates to a sequential growth of 0.8 per cent to 2.8 per cent.
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HCL Technologies on Tuesday reported a 19 per cent YoY rise in profit at Rs 2,611 crore for December quarter. It was up 2.8 per cent on a sequential basis. Analysts in an ETNOW poll projected a profit of Rs 2,541 crore.
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Tata Steel on Friday reported 54.31 per cent year-on-year (YoY) rise in profit at Rs 1,753 crore for December quarter, which fell short of Rs 2,289 crore net estimated by analysts in an ET Now poll. The company had posted Rs 1,136 crore profit in the similar period last year.
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Reliance Jio Infocomm (Jio) reported its seventh straight profitable quarter, with a 46% on year expansion in the bottom line for the April-June period on the back of strong user additions and increased data usage, though the company average revenue per user (ARPU) fell on quarter as the company added mostly lower revenue generating subscribers. The Mukesh Ambani-controlled company, which has upended the market since its entry in September 2016 with cheap mobile Internet services, posted a net profit of Rs891 crore for the fiscal first quarter, compared with Rs840 crore in the January-March period.
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Watch Reliance Jio Q1 profit jumps 46% YoY to Rs 891 crore With HD Quality
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Kotak Mahindra Bank on Monday reported a 23 per cent year-on-year (YOY) jump in standalone profit-after-tax at Rs 1,291 crore for the December quarter, slightly better than Rs 1,273 crore anticipated by analysts in an ET Now poll.
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Wipro on Tuesday reported 3.20 per cent year-on-year (YoY) drop in consolidated profit at Rs 2,462.90 crore for the quarter ended December 30. Analysts in an ET NOW poll had projected a net of Rs 2,450.80 crore.Total revenue increased 2.73 per cent to Rs 15,470.50 crore during the quarter under review. The figure stood at Rs 15,059.50 crore in the same period last year. Revenue from IT services inched up 2.97 per cent to Rs 15,100.60 crore.
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Watch Wipro Q3: Profit drops 3% to Rs 2,463 crore With HD Quality
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FMCG major Hindustan Unilever Ltd (HUL) on Monday reported a 21.18 per cent rise in standalone net profit to Rs 1,848 crore for the quarter ended on September 30, 2019, mainly driven by home care, and beauty and personal care verticals. The company had posted a net profit of Rs 1,525 crore for the corresponding period of the previous fiscal, HUL said in a filing to BSE.
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Oil-to-telecom giant Reliance Industries on Thursday reported 8.82 per cent year-on-year (YoY) rise in consolidated profit at Rs 10,251 crore. Analysts in an ET Now poll had estimated the profit at Rs 9,540 crore.
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