Wipro net up 12 per cent in last fiscal year - Hindustan Times
close_game
close_game

Wipro net up 12 per cent in last fiscal year

IANS | By, Bangalore
Apr 18, 2008 11:30 AM IST

Global software major Wipro Ltd posted a net profit of Rs.32.8 billion for the last fiscal 2007-08, registering 12 per cent year-on-year (YoY) growth over the same period of previous fiscal (2006-07) under the Indian accounting practice.

Global software major Wipro Ltd posted a net profit of Rs.32.8 billion for the last fiscal 2007-08, registering 12 per cent year-on-year (YoY) growth over the same period of previous fiscal (2006-07) under the Indian accounting practice.

HT Image
HT Image

In a notification to the stock exchanges Friday, the IT bellwether said the group's consolidated revenue for the entire fiscal (FY 2008) under review increased to Rs.200 billion, posting 33 percent YoY growth over the same quarter in FY 2007 under the Indian accounting practice.

Hindustan Times - your fastest source for breaking news! Read now.

Under the American accounting practice, net revenue for FY 2008 grew by 11 percent YoY to $806 million.

Similarly, gross revenue increased to $4.9 billion, registering 32 percent YoY growth over the previous fiscal under the American accounting practice.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away!- Login Now!
Stay informed on Business News along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Friday, March 29, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On