WiproIndia’s third-largest IT services company Wipro’s consolidated net profit registered a year-on-year (y-o-y) growth of 14% for the fourth quarter ended on March 31, 2011, powered by the demand from outsourcing services from the clients.
The net revenue of the company’s flagship IT services business stood at Rs 6,289 crore an increase of 20% y-o-y. For the January-March period of the FY11, the revenues of the company stood at Rs 8,302 crore an increase of 18% y-o-y.
Net profit for the financial year 2010-11 ended on March 31, 2011 witnessed a jump of 15% y-o-y. The IT services revenues stood at Rs 23,485 crore an increase of 16% y-o-y for the fiscal 2011. The total revenue of the company for the FY11 was Rs 31,099 crore an increase of 15%.
The net revenue of the company’s flagship IT services business stood at Rs 6,289 crore an increase of 20% y-o-y. For the January-March period of the FY11, the revenues of the company stood at Rs 8,302 crore an increase of 18% y-o-y.
Net profit for the financial year 2010-11 ended on March 31, 2011 witnessed a jump of 15% y-o-y. The IT services revenues stood at Rs 23,485 crore an increase of 16% y-o-y for the fiscal 2011. The total revenue of the company for the FY11 was Rs 31,099 crore an increase of 15%.
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