Wipro Fourth Quarter Earnings Call
22nd April 2008 00:00 AM |
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| Net profit rose 1.7% to Rs.8.75 billion ($220 million) from Rs.8.6 billion a year ago. |
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| Total revenue was Rs.55.96 billion ($1.4 billion), representing an increase of 29% over the same period last year. Global IT Services and Products EBIT was Rs.7.78 billion ($194 million), representing an increase of 9% over the same period last year. India, Middle East & Asia Pac business recorded 29% year-over-year growth in revenues to Rs.10 billion ($250 million). The company had 82,122 employees, which included 61,844 employees in IT Services business and 20,278 employees in BPO business. |
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Wipro Third Quarter Earnings Call
5th February 2008 00:00 AM |
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| Revenue increased 32% from a year ago to $1.33 billion on the back of strong revenue growth in the Global IT segment. |
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| The information technology solutions and services provider reported an 11% increase in net income to $210 million or 14 cents over the same period in 2006 due to new technology and enterprise clients as well as large deals in the market place. The firm had robust growth in the BPO business and Testing Services and won several new deals and awards in the process. |
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Wipro Fourth Quarter Earnings Call
24th January 2008 00:00 AM |
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| Sequential revenue growth of 7.4% in IT services was driven by volume growth of 5.4% and increase in realization of 1.3%. |
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| On the Forex front, realized rate was INR44.04 versus at the rate of INR44.77 realized for the quarter ended 31st December 2006. The company affected salary hikes from January for onsite employees, which impacted margins by 50 basis points. Operating margins of acquisitions portfolio improved by more than 150 basis points sequentially. The BPO business has completed its first phase of transformation and it has delivered good growth in the last two quarters, and has held margin about 22% range. |
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Wipro Second Quarter Earnings Call
30th December 2007 00:00 AM |
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| Net income was up 17% to $204 million or 14 cents a share, on improved realizations and superior management of key operating parameters. |
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| The provider of I.T solutions and services reported a 35% increase in revenues to $1.19 billion driven by large deal wins, inorganic initiatives, geographic expansion, alliances and partnerships, and Applied Innovation. Improved price realization, utilization, benefits of proactive hedging, and greater corporation of younger employees in the organization parameter has not only mitigated adverse impact, but also improved the margins, demonstrating the resilience of the business model. |
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Wipro First Quarter Earnings Call
26th September 2007 00:00 AM |
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| The net profit reached Rs7.1 billion, reflecting an increase of 16% from Rs6.14 billion in the prior year quarter. |
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| Despite the 9% appreciation in the value of the Indian currency against the US dollar, the Indian based information technology and solutions company reported revenue of $1.03 billion, up 34% from the previous year. During the quarter, Wipro won 39 new clients, including a $130 million deal from a European company. The company plans to conclude the acquisition of Unza Holdings Limited, a Singapore based FMCG company, by July 2007. |
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