Here's what Wipro Q3 reveals

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

 

Wipro(NASDAQ:WIT) has announced financial results under International Financial Reporting Standards (IFRS) for its third quarter ended December 31, 2012.  Total Revenues were '110.25 billion ($2.01 billion), an increase of 10% YoY and the net Income was '17.16 billion ($313 million), an increase of 18% YoY. The non-GAAP Adjusted net income was '17.09 billion ($312 million), an increase of 17% YoY.

Azim Premji, Chairman of Wipro, commented on the results. He said, "While the overall mood on economic growth continues to be muted, global corporations continue to leverage technology to drive revenues and productivity....See More