New Delhi: The main Wipro IT service on Wednesday was posted by Rs 2,969 Consolidated Net Profit for the third quarter (Q3) which ended December 31, 2021.
The company’s net income remained flat compared to the 766 crore RS profit posted in the same quarter last year.
In terms of quarter growth in the quarter as well, the benefits of IT companies rose only 1.3 percent from RS 2,930 Crore posted in the September quarter.
Commenting on results, CEOs and Implementing Directors Wipro Thierry Delaporte said, “Wipro has given a quarter of the five successively from strong performance, both on income, and margins.
Order bookings are also strong, and we have added seven new customers on the internet more than $ 100 million league income, in the last 12 months.
“Wipro expects revenue from IT services to range from $ 2,692 million – $ 2,745 million for Q4 quarter, that is, it expects 2-century growth per CNET – 4 percent.
His income from surgery jumped 29.6 percent to 20,313.6 crores, from RS 15,670 Crore in the quarter ended December 2020.
The company’s headcount for IT services reached 231,671, an increase of 41,363 employees based on net year-to-year.
It added 10,306 employees (CFO).
Wipro Jatin Dalal said that the company gave a strong operating margin after absorbing major investments in salary increases, due to increased increase in operating metrics.
“We also increase our working capital, by reducing the sales of our extraordinary days.
This has resulted in a strong operating cash flow conversion, which is 101.3 percent of net income,” he added.
In addition, the company’s board declares dividends while Rs 1 per share equity.
Wipro shares fell 0.4 percent to be closed in the hospital.
691.35 in BSE, while it was completed at Rs 691 on NSE.
Wipro Q3 net income remains flat on RS 2,969 Crore
