Wipro announces 45% growth in Revenues - Profits grows by 41%
January 16th, 2007
Bangalore-headquartered Wipro has announced and exciting Q3 results. Wirpo Limited PAT grew to Rs. 765 crores and Global IT Services & Products PAT was Rs. 696 crores. The India, Middle East and Asia Pasific business grew by 56%.
Attrition rates in both the IT and BPO businesses were brought down – a key factor for most IT companies these days. Wipro has 66,176 employees as on December 31, 2006 and net addition in IT Services & Products business was at 3489 employees and 1508 employees in the BPO Services business.
Wipro Infotech revenues are at Rs.7,008 million (Dec 31, 2006) and Wipro Consumer Care and Lighting revenues are at 2114 million.
Entry Filed under: Equity Markets, IT & ITes