Wipro Ltd has announced the following Audited results for the quarter ended June 30, 2008:
The Company has posted a net profit of Rs 5460 million for the quarter ended June 30, 2008 where as the same was at Rs 6714 million for the quarter ended June 30, 2007. Total Income is Rs 48074 million for the quarter ended June 30, 2008 where as the same was at Rs 37768 million for the quarter ended June 30, 2007.
The Audited consolidated results for the Quarter ended June 30, 2008
The Group has posted a net profit of Rs 9078 million for the quarter ended June 30, 2008 where as the same was at Rs 7256 million for the quarter ended June 30, 2007. Total Income is Rs 60871 million for the quarter ended June 30, 2008 where as the same was at Rs 43032 million for the quarter ended June 30, 2007.
During the quarter ended March 31, 2008, pursuant to the scheme of amalgamation Wipro Infrastructure Engineering Ltd (''WIN''), Quantech Global Services Ltd (''Quantech''),
Wipro Healthcare IT Ltd (''WHCIT''), mPower Software Services India Pvt Ltd (''mPower''), mPact Technology Service Pvt Ltd (''mPact'') and cMango India Pvt Ltd (''cMango'') were merged with the Company with retrospective effect from April 01, 2007, the appointed date. However, since the relevant Court order was only received during the quarter ended March 31, 2008, the financial results for the quarter ended June 30, 2007 have been reported without considering the effect of these mergers. The comparative numbers for the quarter ended June 30, 2007 presented in these financial statements have also not been restated to reflect the merger from the appointed date. Accordingly, the current quarter numbers are not comparable with those of the quarter ended June 30, 2007.
The Company has posted a net profit of Rs 5460 million for the quarter ended June 30, 2008 where as the same was at Rs 6714 million for the quarter ended June 30, 2007. Total Income is Rs 48074 million for the quarter ended June 30, 2008 where as the same was at Rs 37768 million for the quarter ended June 30, 2007.
The Audited consolidated results for the Quarter ended June 30, 2008
The Group has posted a net profit of Rs 9078 million for the quarter ended June 30, 2008 where as the same was at Rs 7256 million for the quarter ended June 30, 2007. Total Income is Rs 60871 million for the quarter ended June 30, 2008 where as the same was at Rs 43032 million for the quarter ended June 30, 2007.
During the quarter ended March 31, 2008, pursuant to the scheme of amalgamation Wipro Infrastructure Engineering Ltd (''WIN''), Quantech Global Services Ltd (''Quantech''),
Wipro Healthcare IT Ltd (''WHCIT''), mPower Software Services India Pvt Ltd (''mPower''), mPact Technology Service Pvt Ltd (''mPact'') and cMango India Pvt Ltd (''cMango'') were merged with the Company with retrospective effect from April 01, 2007, the appointed date. However, since the relevant Court order was only received during the quarter ended March 31, 2008, the financial results for the quarter ended June 30, 2007 have been reported without considering the effect of these mergers. The comparative numbers for the quarter ended June 30, 2007 presented in these financial statements have also not been restated to reflect the merger from the appointed date. Accordingly, the current quarter numbers are not comparable with those of the quarter ended June 30, 2007.
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