Wipro Q1 profit down by 6.7% at ₹2,058.9 crore
Wipro on Tuesday reported a consolidated net profit of ₹2,058.9 crore, down 6.7% year-on-year for the quarter ended June. However, the gross revenue increased 11% from the corresponding period a year ago to ₹13,599.2 crore. Meanwhile, the company's IT services business reported a 3% decline in profit at ₹2,326.9 crore and a 13% increase in revenue at ₹13,109.2 crore year-on-year.