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ET Markets

Wipro Q3: Profit drops 3% to Rs 2,463 crore

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Wipro on Tuesday reported 3.20 per cent year-on-year (YoY) drop in consolidated profit at Rs 2,462.90 crore for the quarter ended December 30. Analysts in an ET NOW poll had projected a net of Rs 2,450.80 crore.Total revenue increased 2.73 per cent to Rs 15,470.50 crore during the quarter under review. The figure stood at Rs 15,059.50 crore in the same period last year. Revenue from IT services inched up 2.97 per cent to Rs 15,100.60 crore.

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