Wipro Shares 4% Boom With Better Quarter Results

On Thursday, IT companies Wipro saw a 4% jump in shares due to better results of the first quarter of FY2019-20. The company has posted a net profit of 12.8% in the April-June quarter. In the Bombay Stock Exchange, the company's stock rose 3.52 per cent to Rs 268.85 per share and the National Stock Exchange (NSE) rose 3.58 per cent to Rs 268.90 per share.

Profit of Rs 2,387.60 in first quarter

IT company Wipro recorded a profit of Rs 2,387.60 crore in the quarter ended June, 2019, with an increase of 12.8 per cent, against Rs 2,120.80 crore in the same quarter last year. However, it was 3.86 per cent lower than the profit of Rs 2,483.50 crore in the January-March, 2019 quarter. Wipro gave this information through a filing in BSE.

Total consolidated income increased 5%

According to a statement released by Wipro, during the first quarter of the current financial year, its consolidated income increased by almost 5 percent to Rs 15,566.6 crore, compared to Rs 14,827.4 crore in the same quarter of the financial year 2018-19. Was there.

Total sales of Rs. 14,716.10 crore

The company's total sales stood at Rs 14,716.10 crore, which is less than the sale of Rs 15,006.30 crore in the previous quarter ie January-March, 2019 but more than the sales of Rs 13,977.70 crore in the same period a year ago. Earlier, on BSE, Wipro's stock gained pressure throughout the day and the stock closed marginally down at Rs 259.70.

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