Wipro net profit up 18 percent in third quarter

January 21st, 2009 - 11:29 am ICT by IANS  

Bangalore, Jan 21 (IANS) Wipro Ltd has posted a net profit of Rs.10.04 billion (Rs.1,004 crore/$204 million) for the third quarter (October-December) of this fiscal (2008-09), registering 18 percent year-on-year (YoY) growth under the Indian accounting system.In regulatory filing Wednesday, the IT bellwether said its consolidated revenues for the quarter under review (Q3) was Rs.66.18 billion (Rs.6,618 crore), posting 25 percent YoY growth.

Under the American accounting system (US GAAP), net income grew by nine percent YoY to $185 million and total revenue by 25 percent to $1.35 billion for the third quarter.

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