IT services major Wipro reported a standalone net profit of Rs 2,142 crore for the quarter ending March 2015, a 7% increase from Rs 1,992 crore reported in the previous quarter ending December 2014. On consolidated basis, the net profit increased 4% to Rs 2,272 crores from Rs 2,193 crores a quarter ago, thanks to a rise in its Western clients' technology spending.
Total revenue rose to Rs 12,171 crore in the quarter, as the company added 65 new clients. EBIT margin was at 22% during the quarter.
The company announced a dividend of Rs 7 per share.
India's third-biggest software services exporter has appointed the son of billionaire founder Azim Premji to its board, in a long awaited promotion that moves the chairman's heir apparent closer to the top spot.
Rishad Premji, eldest son and a Harvard Business School graduate, was already Wipro's chief strategy officer. He joins the board from May 1.
T K Kurien, Member of the Board & Chief Executive Officer of Wipro, said, “We continue to execute on our strategy and have achieved improved customer satisfaction through better articulated solutions and improved delivery. We are well-positioned to take advantage of the opportunities in the market, while tackling headwinds in certain areas. We see Digital, Open Source and Artificial Intelligence as key levers for driving business change and reshaping the delivery model for the future.”
On Tuesday, the company's stocks on BSE closed 0.7% higher at Rs 579 apiece.
|
Particulars
|
2015
|
2014
|
2013
|
2012
|
2011
|
|
Revenue
|
41,635.00
|
39,133.30
|
33,517.30
|
32,053.60
|
26,340.70
|
|
Other Income
|
2,073.80
|
1,235.10
|
1,034.50
|
856.70
|
640.50
|
|
Total Income
|
43,708.80
|
40,368.40
|
34,551.80
|
32,910.30
|
26,981.20
|
|
Expenditure
|
-32,010.50
|
-29,648.80
|
26,293.00
|
25,639.90
|
20,539.60
|
|
Interest
|
-362.90
|
-374.70
|
-352.40
|
-605.70
|
-136.00
|
|
PBDT
|
11,335.40
|
10,344.90
|
7,906.40
|
6,664.70
|
6,305.60
|
|
Depreciation
|
-778.40
|
-736.70
|
-701.30
|
-746.10
|
-600.10
|
|
PBT
|
10,557.00
|
9,608.20
|
7,205.10
|
5,918.60
|
5,705.50
|
|
Tax
|
2,363.90
|
2,220.80
|
1,554.90
|
1,233.50
|
-861.80
|
|
Net Profit
|
8,193.10
|
7,387.40
|
5,650.20
|
4,685.10
|
4,843.70
|
|
Equity
|
493.70
|
493.20
|
492.60
|
491.70
|
490.90
|
|
EPS
|
33.38
|
30.09
|
23.03
|
19.13
|
19.88
|
|
CEPS
|
36.34
|
32.94
|
25.79
|
22.09
|
22.18
|
|
OPM%
|
28.10
|
27.39
|
24.64
|
22.68
|
--
|
|
NPM%
|
19.68
|
18.88
|
16.86
|
14.62
|
18.39
|
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