Wipro Q2 net profit jumps 35% to Rs 2,552 cr

October 15, 2019 17:12

Wipro Ltd on Tuesday posted 35 per cent rise in consolidated net profit to Rs 2,552.7 crore for the second quarter ended September 30. The company had registered a net profit of Rs 1,889 crore in the year-ago period. Its total income for September quarter stood at 15,875.4 crore compared to 15,203.2 crore a year ago. The Bengaluru-based company's revenue came in 4 per cent higher year-on-year at Rs 1,51,25.6 crore.

Wipro has guided for 0.8-2.8 per cent sequential growth in IT service revenue for December quarter, saying revenue from that business is expected to be USD 2,065-2,106 million. For the just concluded quarter, the company's IT services segment revenue was at USD 2,048.9 million, an increase of 2.5 per cent year-on-year, a Wipro statement said. -- PTI

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