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Revenue increased by 25% YoY
January 19, 2009
Highlights of the results:
IT services revenue based on exchange rate as of September 30, 2008 at $1,126 million, ahead of
the guidance of $1,121 million
Wipro Limited revenue increased by 25% Year on Year to Rs 6,618 crore (Rs 66.18 billion); profit
after tax grew by 18% YoY to Rs 1,004 crore (Rs 10.04 billion).
IT services revenue in dollar terms was $1,100 million, a sequential decline of 0.9% (growth of 3.5% in
constant currency) and YoY growth of 12.4% (growth of 19.2% in constant currency).
In rupee terms, revenue for IT services stood at Rs 5,079 crore (Rs 50.79 billion), a YoY growth of 31%.
Profit before interest & tax for IT Services segment was Rs 1045 crore (Rs 10.45 billion), a growth of 26% YoY.
IT services business added 31 new clients during the quarter.
IT products business recorded a 25% YoY growth in Revenues and 45% YoY growth in PBIT.
Wipro Consumer Care and Lighting business Revenue grew 21% YoY and PBIT grew 17% YoY.
Image: Wipro campus | Photograph, courtesy: Wipro Limited
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