Wipro Limited Announces Results for the Quarter ended December 31, 2018 under IFRS
Wipro Limited (WIT)
Last wipro limited earnings: 4/16 04:00 pm
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Source: Business Wire
IT Services Revenue growth in Constant Currency at 2.4% sequentiallyNet Income for the quarter grew by 29.6% YoY % BANGALORE, India & EAST BRUNSWICK, N.J.--(BUSINESS WIRE)-- Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) today announced financial results under International Financial Reporting Standards (IFRS) for its quarter ended December 31, 2018. As stated in our last quarter’s earnings release, we have carved out the India State Run Enterprises (ISRE i.e. Public Sector Undertakings and Government business in India) from our IT Services segment into a separate segment effective quarter ended December 31, 2018. Highlights of the Results for the quarter ended December 31, 2018 Gross Revenue was Rs 150.6 billion ($2.2 billion1) and grew 3.6% QoQ and 10.2% YoY Non-GAAP3 constant currency IT Services Segment Revenue grew by 2.4% QoQ.
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