IT major WiproNSE 0.07 % on Tuesday reported over 20 per cent quarter-on-quarter rise in standalone net profit for quarter ended March 31, 2017.
For January-March period, the company reported a net profit of Rs 2,303 crore against Rs 1,918 crore reported for the sequential quarter ended December 31, 2016.
The earnings were released post market hours. The share price of the company settled 0.93 per cent higher at Rs 496.
Here are the highlights:
Consolidated revenue at Rs 137.68 billion
Revenue from IT services at Rs 134.12 bn vs Rs 132.35 bn, up 1.3% QoQ
IT services EBIT margin at 14.4% vs 14.8% QoQ
IT services EBIT at Rs 19.32 bn vs Rs 19.59 bn QoQ
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