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Industry Summary Articles

Tuesday, April 21, 2015

Wipro Limited announces financial results for its fourth quarter and year ended March 31, 2015.

    

Highlights of the Results for the Year ended March 31, 2015

 

IT Services Revenue grew 8.7% in the year on constant currency and Net Income for the year grew 11% YoY

 

  • Total Revenues were INR 469.5 billion ($7.5 billion), an increase of 8% YoY. 
  • Net Income was INR 86.5 billion ($1.4 billion), an increase of 11% YoY
  • IT Services Revenue was $7081.6 million, a YoY increase of 7%
  • IT Services Margins was 22.2%

 

Highlights of the Results for the Quarter ended March 31, 2015

 
 
  • Total Revenues were INR 121.4 billion ($1.9 billion), an increase of 4% YoY. 
  • Net Income was INR 22.7 billion ($366 million), an increase of 2% YoY
  • IT Services Revenue was $1,774.5 million, a sequential decrease of 1.2% and YoY          increase of 3.2%. 
  • IT Services Margins was 22.0%, an expansion of 23 bps sequentially
   
 

 

 

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