Wipro Q4 Net Profits At Rs 2272 Crores; Meets Estimates
IT major Wipro reported net profits of Rs 2272 crores for the quarter ending March 31, 2015, largely in line with estimates.
Revenues at the company rose by by 0.7 percent to Rs 12,171.4 crore compared to December quarter.The dollar IT revenue for the quarter ending March 31, 2015 came in at $1774.5 million, which was also largely in line with estimates.
Meanwhile, Wipro has said that Rishad Azim Premji is appointed as Whole-time Director of the Company with effect from May 01, 2015.
The Wipro stock ended the day higher by 2.88 per cent on the National Stock Exchange.
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