India's third biggest application solutions exporter Wipro 's IT solutions earnings met analysts' objectives and edge defeat prediction but the assistance for July quarter is modest. Net benefit of the company increased 10.5 % sequentially to Rs 2,226.5 crore on income of Rs 11,703.6 crore (3.3 % Q-o-Q) during the quarter.
IT services income in rupee conditions improved 2.8 % Q-o-Q (up 24 % Y-o-Y) to Rs 10,619 crore and money income improved 2.5 % (up 8.5 % Y-o-Y) to USD 1.72 billion dollars during the one fourth. The assistance variety for Q4FY14 money income was USD 1.712 billion dollars to USD 1.745 billion dollars and experts had predicted it at USD 1.720 billion dollars and rupee income at Rs 10,541 crore.
Wipro says it added 59 new customers in Q4. Some of the deals won during the one fourth were:
1) Five-year facilities handled solutions contract with a Lot of money 500 world figurehead in specialised substances.
2) Seven-year involvement with Xoserve, a company which is a fundamental element of the updated gas submission market in England.
3) A leading outfits and shoes company has restored its multi-year involvement with Wipro, for application support solutions in a handled solutions model.
4) Cope from a international telecoms company to manage IT and network functions for business business in Indian.
5) Huge provide the Basel II risk & conformity domain from a huge state possessed bank in Indian.
Wipro, which has announced income after market hours, has announced any results of Rs 5 per value share for the year ended Goal FY14. The payment date for last results is set as This summer 31, 2014.
The organization says its IT items section provided income of Rs 1,111 crore for the one fourth, up 3 % in comparison to a year-ago interval and income was Rs 3,880 crore, down 1 % Y-o-Y.
Wipro's stock shut at Rs 585.55, up 2.39 % on the Bombay Stock Return.
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