Wipro Limited announced financial results under International Financial Reporting Standards (IFRS) for the quarter ended September 30, 2020.
Results for the Quarter ended September 30, 2020:
Gross Revenue was ₹151.1 billion ($2.1 billion1 ), an increase of 1.4% QoQ and a decrease of 0.1% YoY
IT Services Segment Revenue was at $1,992.4 million, an increase of 3.7% QoQ Ø Non-GAAP2 constant currency IT Services Segment Revenue increased by 2.0% QoQ
IT Services Operating Margin3 for the quarter was at 19.2%, an expansion of 0.2% QoQ and 1.1%YoY
Net Income for the quarter was ₹24.7 billion ($335.3 million1 ), a decrease of 3.4% YoY
Earnings Per Share for the quarter was at ₹4.33 ($0.061 ), an increase of 0.7% YoY
Operating Cash Flow was at ₹44.1 billion ($600.1 million1 ), which is 179.0% of Net Income
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