Wipro Q3FY21 Result: IT company Wipro’s profit in the third quarter of the current financial year has increased by about 21 per cent on a quarterly basis. During this period, the company’s profit has been Rs 2968 crore. Wipro had a profit of 2,465.7 crore in the second quarter. Even on an annual basis, Wipro’s profits have increased by around 21 per cent. The company had a profit of 2,455.9 crores in the same quarter a year ago. During this period, Kanso revenue grew by 3.8 percent to Rs 15,670 crore. The company had revenue of 15,096.7 crore.
Dollar revenue growth highest in 36 quarter
Dollar revenue growth of the company has been 3.9 per cent as against 3.7 per cent in the previous quarter. The company says dollar revenue growth is the highest in the 36 quarter. Wipro estimates that the dollar revenue in the last quarter of the financial year maybe 2,102-2,143 million dollars. This means that growth of 1.5–3.5 percent can be seen in comparison to the December quarter.
The company has grown 1.3 per cent year-on-year in revenue from operations and it has been Rs 15,670 crore. IT services revenue has been Rs 15,333.1 crore. The dollar revenue grew 3.9 percent sequentially and stood at $ 2,071 million. The company also expects good growth in the IT services business in the fourth quarter.