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Wipro Q3 net profit comes in at Rs 2,970 crore, revenue at Rs 20,432.3 crore

Net profit totalled Rs 2,970 crore in Q3 compared to Rs 2,931 crore at the end of the September quarter (Q2 2021-22).

January 12, 2022 / 06:58 PM IST

IT major Wipro Ltd on January 12 reported a net profit of Rs 2,970 crore in the fiscal third-quarter (Q3 2021-22), which is higher than Rs 2,931 crore reported in the quarter ending on September 30.

Compared to the same quarter in the previous financial year, the net profit was nearly the same. The company had reported a profit of Rs 2,968 crore in the year-ago period.

The revenue in Q3 FY22 came in at Rs 20,432.3 crore, which is higher than Rs 19,667 crore reported in the previous quarter. The numbers also mark a 30 percent year-on-year growth, as Wipro had reported a revenue of Rs 15,670 crore in the corresponding period last year.

The earnings before interest and taxes (EBIT) for Q3 FY22 came in at Rs 3,553.5 crore, as compared to Rs 3,560 crore estimated in the CNBC-TV18 poll.