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Wipro's Q1 FY09 PAT up 4.2% (QoQ)

Published on Fri, Jul 18 at 08:44 , Updated at Fri, Jul 18 at 09:48
Source : CNBC-TV18

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Wipro has announced its Q1 FY09 results (Indian GAAP). Consolidated net sales were up 5% at Rs 5,981.1 crore versus Rs 5,691.9 crore on QoQ basis. Its consolidated net profit was up 4.2% at Rs 907.8 crore versus Rs 871.6 crore on QoQ basis.

The company's Q1 (U.S. GAAP) revenues were at Rs 5,962.3 crore versus Rs 5,595.3 crore on QoQ basis. Its Q1 (U.S. GAAP) net profit was at Rs 813.9 crore versus Rs 875.4 crore on QoQ basis. The forex loss stood at Rs 68 crore.

As on June 30, 2008 recognised MTM loss was at Rs 934 crore.

Guidance

Q2 IT services revenue is seen at USD 1089 million.

According to CNBC-TV18 estimates its revenues were seen up 3% to Rs 5762.1 crore versus Rs 5595.3 crore.

 Its net profit were expected to go down 0.2% to Rs 873.9 crore from Rs 875.4 crore.

 

Particulars Jun-08 Mar-08 Dec-07 Sep-07
Net Sales / Interest Earned / Operating Income 4704.6 5275.1 4357 4150
Other Income 102.8 93 72.6 95
Total Income 4807.4 5368.1 4429.6 4245
Interest -67.2 -33.2 -47.6 -24.9
Operating Expenses -3934.7 -4232.5 -3388.9 -3257.5
Profit Before Depreciation and Tax 805.5 1102.4 993.1 962.6
Depreciation -124.8 -127 -112.4 -109.5
Profit before Tax 680.7 975.4 880.7 853.1
Tax -134.7 -148.1 -76.6 -92.8
Net Profit 546 827.3 804.1 760.3
Equity Capital 292.4 292.3 292.1 291.9

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3000 employees under scanner

There is a news flash that Wipro puts 3000 employees under scanner because of under performance, is it true?...

in Wipro - vam_aru at 08-Sep-08 11:36

WIPRO Has put 2,400-3,000 employees on notice for non-performance

WIPRO Has put 2,400-3,000 employees on notice for non-performance...

in Wipro - 9975797577 at 08-Sep-08 10:54

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