WIPRO RESULTS FOR 29 APR 2022

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Wipro announced friday that the company's board of directors will report results for the fourth quarter and year ended march 31, 2022 on friday, april 29,2022, after exchange trading hours. The IT major reported a 1.3% rise in consolidated net profit to rs.2,970 crore on an increase in operating income of 3.3% to rs.20,313 crore in the third quarter of fy22 from the second quarter of fy22. In us dollar terms, wipros gross revenue was $2.7 billion for the third quarter of the fiscal year ended 2022.

IT services segment revenue was $2,639.7 million, up 2.3% qoq and 27.5% yoy. Operating margin for it services was 17.6% for the quarter, down 19 basis points sequentially. This corresponds to sequential growth of 2% to 4%. Wipro is a global information technology, consulting and business process services company. Wipro shares fell 0.25% to close at rs 537.85 on friday.