logo
Plus   Neg
Share
Email

Wipro Q2 Net Income Rises 35.1% YoY - Quick Facts

Wipro Limited (WIT) reported second-quarter earnings per share of $0.06, an increase of 36.7 percent from prior year. Net Income was $361.4 million, up 35.1 percent from last year.

Second-quarter IT Services segment revenue was at $2.05 billion, an adjusted increase of 2.5 percent from prior year. Adjusted non-GAAP constant currency IT Services segment revenue grew 3.8 percent year-on-year. Gross revenue was at $2.1 billion, up 4.0 percent from a year ago.

For the third-quarter, Wipro Limited projects revenue from IT services business to be in the range of $2.065 billion to $2.106 billion.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
SCARPA North America has recalled about 4,200 ski boots due to risk of fall. The company has recalled Maestrale RS and Maestrale Men's ski boots as its shell can crack, posing a fall hazard and risk of injury to the consumer. The recall involves the Fall 2017 Maestrale RS and Maestrale Men's Ski... Walt Disney's (DIS) Frozen 2, the sequel to its 2013 blockbuster, is expected to record a strong domestic opening of over $100 million this weekend. Frozen 2 will become the 10th animated film to debut with over $100 million and the first animated film outside the summer window to hit the mark. Frozen... Indonesia is exploring a total ban on the use of electronic cigarettes and vape products in the country due to healthcare concerns following the lung illness outbreak related to vaping in the U.S., according to reports. However, the South-East Asian country has not reported any cases of vaping-related illness. Chain-smoking Indonesia is the world's second largest tobacco market.
RELATED NEWS
Follow RTT
>