Wipro net profit falls 1.6% to ₹2,235 crore
IT services firm Wipro has posted a net profit of ₹2,235 crore for the quarter ended March, down by 1.6% from the year-ago period. Net sales for the quarter rose 6.1% to ₹13,741 crore. Further, the consolidated profit rose 2.76% to ₹8,892 crore for the entire fiscal 2015-16. Wipro has also approved buyback of shares worth up to ₹2,500 crore.