Wipro (WIT) Reports In-Line Q2 EPS

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Wipro Limited Announces Results for the Quarter Ended September 30, 2015 under IFRS

October 21, 2015 9:20 AM EDT

Net Income grew 7% YoY

IT Services Revenue grew 3.1% in constant currency

BANGALORE, India & EAST BRUNSWICK, N.J.--(BUSINESS WIRE)-- Wipro Limited (NYSE: WIT) today announced financial results under International Financial Reporting Standards (IFRS) for its second quarter ended September 30, 2015.

Highlights of the Results:

Gross Revenues were Rs 125.1 billion ($1.9 billion1), an increase of 7% YoY. Net Income2 was Rs 22.4 billion ($341 million1), an increase of 7% YoY. IT Services Segment Revenue was $1,831.9 million, a sequential increase of... More