Wipro net profit up 21 pc in third quarter

Wipro Ltd posted a net profit of Rs 1,217 crore for the third quarter (October-December) of this fiscal (2009-10), registering 21 per cent year-on-year (YoY) growth, as per the Indian accounting standard.

Wipro Ltd posted a net profit of Rs 1,217 crore for the third quarter (October-December) of this fiscal (2009-10), registering 21 per cent year-on-year (YoY) growth, as per the Indian accounting standard.

In a regulatory filing on Wednesday, the Indian IT bellwether said its consolidated revenue for the quarter under review (Q3), grew by five per cent YoY to Rs 6,966 crore, as per the Indian accounting standard.

Under the International Financial Regulatory Standard (IFRS), the net income increased by 19 per cent YoY to $259 million and total income to $1.5 billion, up by six per cent YoY.

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