Wipro's Q4 number a positive surprise

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Wipro's Q4 number a positive surprise

Wipro has come out with fourth quarter results. The company reported Q4 net profit of Rs 856 crore versus Rs 765 crore in previous quarter, a growth of 11.84%.

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Wipro has come out with fourth quarter results. The company reported Q4 net profit of Rs 856 crore versus Rs 765 crore in previous quarter, a growth of 11.84%.

Its revenues has increased by 8.89% to Rs 4333 crore (Rs 43.33 billion) from Rs 3979 crore (Rs 39.79 billion).

Global IT revenues has gone up by 7.25% to Rs 3084 crore (Rs 30.84 billion) compared to Rs 2875.5 crore (Rs 28.75 billion) in earlier quarter.

Wipro has posted Q4 BPO revenue at Rs 263.7 crore (Rs 2.63 billion) and added 44 new clients

Its Q4 Global IT operating profit margin stood at 27.9% versus 25.4%QoQ and BPO operating profit margin at 24.69% versus 23.49%.

Wipro Q4 IT services OPM stood at 24% versus 24.2% in third quarter. 

Wipro's FY07 revenues has inched up by 41.1% to Rs 15,000.8 crore (Rs 150 billion) from Rs 10,628.8 crore (Rs 106.28 billion).

Wipro has reported FY07 EPS at Rs 20.38 and IT services margins at 24.3%.