IT Major Wipro Ltd Friday reported a consolidated net profit of ₹3,087 crores for the quarter ended 31 March 2022, up 4% from ₹2,972 crores a year ago. which was in line with analysts' expectations. The Bengaluru-based company's consolidated revenue from operations rose merely 0.3 percent on quarter to Rs 20,860.7 crore for the reported quarter, up 28.4 percent from Rs 16,245.4 crore in the year-ago quarter.
“We have had an outstanding year, finishing with $10.4 billion in revenues, and an industry-leading growth of 27% year on year. This is our sixth straight quarter of strong revenue growth at or over 3%," said Wipro CEO Thierry Delaporte.
Wipro said it expects revenue from our IT services business to be in the range of $2,748 million to $2,803 million. This translates to a sequential growth of 1% to 3%.
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