Wipro Q4 net profit falls 7.8 per cent to Rs 2,835 crore

IT services company Wipro on Friday reported a 7.8 per cent year-on-year drop in its consolidated net profit to Rs 2,834.6 crore for the March quarter.

The company’s revenue from operations was down 4.2 per cent on-year to Rs 22,208.3 crore, according to an exchange filing.

The net profit (attributable to equity holders of the company) declined to Rs 2,834.6 crore in Q4FY24 from Rs 3,074.5 in the year-ago period, translating into a 7.8 per cent fall.