Wipro Net Profit Grew 12.4 % in FY 2019

Global software major, Wipro reported Rs 9,000-crore ($1.3 billion) net profit for fiscal 2018-19, posting 12.4 per cent annual growth.

In a regulatory filing on the BSE, the city-based IT major said gross revenue grew for the fiscal under review (2018-19) 7.5 per cent annually to Rs 58,580 crore ($8.5 billion), while revenue from IT services increased 3.8 per cent annually to Rs 56,970 crore.