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Home -> Finance -> Full Story
Wipro reports six per cent drop in profit for Q1
Friday, July 19 2002 11:18 Hrs (IST)

Bangalore: Wipro Ltd, India's third largest software exporter, on July 19 reported a net profit of Rs 200 crore for the quarter ended June 30, (first quarter), a six per cent decrease over the same period last year.

"The decrease is primarily on account of decrease in returns on cash surplus and increase in tax charge," a Wipro statement said.

However, revenue for the quarter grew 19 per cent year-on-year to Rs 930 crore.

PTI