Wipro

Photo: LiveMint

Wipro's Profits Fall By 9.6%, Yet Surpasses $10 Billion Milestone

The country's third-largest IT services company, Wipro has reported a profit of Rs. 2,930.7 crore in the September 2021 quarter. Furthermore, the profits declined by 9.6% due to a contraction in margins after a wage hike. However, gross revenue has been increased by 7.8%, making it Rs. 19,760.7 crore. Wipro also surpassed the $10 billion milestones of annual revenue run rate.

Wed, 13 Oct 2021 - 09:50 PM / by Nehal Surana

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