What started off as a hydrogenated cooking fat company, Wipro is today is a $5 billion revenue generating IT, BPO and R&D services organisation with presence in over 50 countries.
Premji started Wipro with the 'idea of building an organisation which was deeply committed to values, in the firm belief that success in business would be its inevitable, eventual outcome'. The company has over 72,000 employees.
Wipro's revenues grew by 33 per cent to Rs 19,957 crore (Rs 200 billion) for the year ended March 31, 2008. The net profit grew by 12 per cent to Rs. 3,283 crore (Rs. 32.83 billion). The revenues of the combined IT businesses was $4.3 billion with 43 per cent YoY growth.
Wipro was the only Indian company to be ranked among the top 10 global outsourcing providers in IAOP's 2006 Global Outsourcing 100 listing. Wipro has also won the International Institute for Software Testing's Software Testing Best Practice Award.
Image: Chairman of the Indian software giant Wipro Technologies Limited, Azim Premji is all smiles during a press conference in Bangalore. | Photograph: Dibyangshu Sarkar/AFP/Getty Images
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