Wednesday, January 20, 2010

Wipro Q3 net profit up 4.76% at Rs 1,217 cr

India’s third largest IT services exporter, Wipro has declared its third quarter results of FY10. It has reported a jump of 4.76% in its consolidated net profit of Rs 1,217 crore in Q3FY10 as against Rs 1,161.7 crore, (QoQ).
IT services business added 31 new clients.
Wipro’s Chairman, Azim Premji expects IT budgets to be flat to marginally positive in 2010
Wipro Q4 Guidance
It is expected IT services revenues at USD 1161-1183 million in Q4FY10 versus USD 1126.8 million (QoQ), a growth of 3-5%.

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