Wipro Limited Announces Results for the Quarter and Year ended March 31, 2020 under IFRS
Wipro Limited (WIT)
Last wipro limited earnings: 4/16 04:00 pm
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Source: Business Wire
IT Services Revenues2&3 in Constant Currency grew by 3.9% for the yearEPS for the year grew at 11.2% 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 and year ended March 31, 2020.Highlights of the ResultsResults for the Year ended March 31, 2020:Gross Revenue was Rs 610.2 billion ($8.1 billion1), an increase of 4.2% YoYIT Services Segment Revenue was at $8,256.2 million, grew at 1.7% YoYNon-GAAP2&3 constant currency IT Services Segment Revenue increased by 3.9% YoYIT Services Operating Margin4 for the year was at 18.1%, an expansion of 0.2% YoYNet Income for the year was Rs 97.2 billion ($1.3 billion1), an increase of 8.0% YoYEPS for the year was Rs 16.67 ($0.221) per share and grew 11.2% YoYResults for the Quarter ended March 31, 2020:Gross Revenue was Rs 157.1 billion ($2.1 billion1), an increase of 4.7% YoYIT
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