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Wipro net up 12 percent in last fiscal year
Saturday, 19 April 2008, 18:14 IST
Bangalore: Global software major Wipro posted a net profit of 
32.8 billion for the last fiscal 2007-08, registering 12 percent year-on-year (YoY) growth over the same period of previous fiscal (2006-07) under the Indian accounting practice.
In a notification to the stock exchanges Friday, the IT bellwether said the group's consolidated revenue for the entire fiscal (FY 2008) under review increased to 200 billion, posting 33 percent YoY growth over the same quarter in FY 2007 under the Indian accounting practice.
Under the American accounting practice, net revenue for FY 2008 grew by 11 percent YoY to $806 million.
Similarly, gross revenue increased to $4.9 billion, registering 32 percent YoY growth over the previous fiscal under the American accounting practice.
Source: IANS
32.8 billion for the last fiscal 2007-08, registering 12 percent year-on-year (YoY) growth over the same period of previous fiscal (2006-07) under the Indian accounting practice.
In a notification to the stock exchanges Friday, the IT bellwether said the group's consolidated revenue for the entire fiscal (FY 2008) under review increased to 200 billion, posting 33 percent YoY growth over the same quarter in FY 2007 under the Indian accounting practice.
Under the American accounting practice, net revenue for FY 2008 grew by 11 percent YoY to $806 million.
Similarly, gross revenue increased to $4.9 billion, registering 32 percent YoY growth over the previous fiscal under the American accounting practice.
Source: IANS