Wipro Q1 Results: PAT rises 12% YoY to Rs 2,870 crore but misses estimate

MUMBAI – Technology major Wipro on Thursday reported a nearly 12% year-on-year (YoY) rise in consolidated net profit for the quarter ended June at Rs 2,870 crore. Consolidated revenue for the quarter increased by 6% YoY to Rs 22,831 crore.

The bottomline was lower than the ET Now poll of Rs 3,040 crore, while the topline was largely in line with expected revenue of Rs 22,870 crore.

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