Wipro net up 19 percent for fiscal 2013

Bangalore, April 19 (IANS) Wipro Ltd posted net profit of Rs.6,636 crore (Rs.66.4 billion) for entire fiscal 2012-13 (FY 2013), registering 19 percent growth year-on-year (YoY) as per the Indian accounting standard.

In a regulatory filing Friday, the IT bellwether said total revenue for the fiscal under review (FY 2013) rose 16 percent YoY to Rs.43,361 crore (Rs.433.6 billion) under the Indian accounting standard.

Under the International Financial Reporting Standard (IFRS) net income for fiscal under review is $1.22 billion and total income $7.95 billion.

The company’s global IT services revenue under IFRS increased 5 percent to $6.22 billion and by 19 percent YoY to Rs.33,843 crore (Rs.338.43 billion) for FY 2013 under the Indian accounting standard.

The opinions, beliefs and viewpoints expressed by authors, news service providers on this page do not necessarily reflect the opinions, beliefs and viewpoints of Hill Post. Any views or opinions are not intended to malign any religion, ethnic group, club, organization, company, or individual. Hill Post makes no representations as to the accuracy or completeness of any information on this site page.

Leave a comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.