Next

Wipro Q3 PAT up at Rs 1,004 crore

January 21, 2009

The country's third largest software exporter, Wipro, today reported a consolidated net profit of Rs 1,003.9 crore (Rs 10.04 billion) for the quarter ended December 31, 2008, while the company had a net profit of Rs 854 crore (Rs 8.54 billion) in the third quarter of financial year 2007-2008.

"For the quarter ended December 2008, we delivered a strong performance with IT Services revenues growing sequentially 3.5 per cent in constant currency," Wipro chairman Azim Premji said, adding: "We continue to win large deals; we won four multi-year multi-million dollar deals in the current quarter. We added 31 new customers."

The total income stood at Rs 6,773 crore (Rs 67.73 billion) for the December quarter of the current fiscal, whereas it was at Rs 5,433.2 crore (Rs 54.33 billion) a year ago, Wipro said in a filing to the Bombay Stock Exchange.

Text: PTI

Image: Azim Premji, chairman of Wipro Ltd. | Photograph: Jagadeesh Nv/Reuters

Also read: Azim Premji's secrets for success

Next