Wipro beats expectations and posts 19% increase in Q2 net profit

Wipro has announced a year on year 19% increase in net profits to Rs 11.71 billion ($243 million) and a year on year 6% rise in revenues to Rs 69.18 billion ($1.44 billion) for the quarter. The revenue growth by Service Line was 5% IT Services, 18% IT Products, 11% Consumer Care, 7% BPO and 16% for Consulting... read more...