Wipro announced a 2.82% increase in consolidated net profit for Q3 ending December 2022, with a profit of Rs 3052.9 crore compared to the previous year’s profit of Rs 2969 crore.
The company’s consolidated revenue from operations also saw a 14.35% increase, reaching Rs 23,229 crore compared to the previous year’s revenue of Rs 20,313.6 crore.
According to analysts, consolidated revenue was projected to be Rs 23,436 crore with 14.7% YoY growth and consolidated profit after tax was expected to remain at Rs 2,952 crore. This suggests a potential 3.5% growth in revenue and 11% growth in net profit on a sequential basis.
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