Thursday, July 24, 2014

WIPRO BEATS ESTIMATES

Wipro, like TCS has beaten the analysts estimates. The company reported a 29.5 per cent growth in its consolidated net profit at Rs 2,103.2 crore for April-June period, helped by large deals in the application and infrastructure space.
Wipro had reported a net profit of Rs 1,623.3 crore in the year-ago period.
Consolidated net sales rose by 15.5 per cent to Rs 11,245.5 crore in April-June quarter of the current fiscal from Rs 9,733.2 crore in the same quarter of 2013-14.

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