India Business Forum

Search
The Indian Express

The Financial Express

Latest News

Screen

Express Computer
Feedback
Travel

Matrimonials

Careers

Lifestyle

Astrology

E-Cards

Columnists

Graffiti

Letters

Environment

Jewellery
Info-tech

Power

Advertisers Forum

Business Forum

In association with Amazon.com

Books Music

Enter keywords


FINANCIAL EXPRESS FRONT PAGE

Corporate

Economy

Expressions

Markets

Leisure

 

Friday, January 29, 1999

Wipro profit rockets 169% to Rs 93 crore 

FE NEWS SERVICE  
MUMBAI, Jan 28: Wipro Ltd has reported a 169 per cent rise in its net profit during the nine-months period ended on December 31, 1998. The company has posted a net profit of Rs 93.1 crore.

The software business grew by 65 per cent during the period, registering a gross revenue of Rs 435.9 crore. Wipro's software business consists of systems software and applications software with Y2K solutions not exceeding 8 per cent of total software exports.

The company's software exports and consumer care and lighting recorded a growth of 68 per cent and 46 per cent respectively in operating margins, according to a press release.

During the quarter, the company consolidated its position in quality software by achieving SEI-CMM Level 5, for both enterprise solutions of Wipro Ltd and the global operations of Wipro GE Medical Systems Lmited.

Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.


Top


The Ambassador Group of Hotels

Global Tenders invited by MSTC

The National Stock Exchange of India (NSE)

 

Click here for a printer-friendly page Printer-friendly page

One of India's Leading Banks



EXPRESSindia.com
News   Business    Sports   Entertainment
The Indian Express | The Financial Express | Latest News | Screen | Express Computers
Travel | MatrimonialsCareersLifestyle | Astrology
E-Cards | Graffiti | Environment | Jewellery | Info-tech | Power