Tuesday, July 18, 2006

Good numbers from Wipro, 7% growth guidance for Q2

Wipro Q1FY07 net profit up at Rs 620 cr; Q2 global IT revenue seen at $ 577 million

Wipro Q1FY07(QoQ) net profit is Up 0.33% from Rs 617.9 crore to Rs 620 crore. Global IT revenues are up 5.78% from Rs 2317.1 crore to Rs 2451 crore.

Highlights:
- Wipro Q1 revenue is at Rs 3,143 crore.
- Wipro Q1 Global IT revenues are at $ 539.3 million Vs guidance Of $ 533 million.
- The company added 62 new clients
- Employee addition is at 2693.
- Wipro Q1 Global IT revenues include $ 3.2 million from Enabler.
- Wipro forward contract to sell $ 335 million.
- Wipro has given its Q2 guidance. Global IT revenue is seen at $ 577 million, growth is seen at 7% (QoQ).

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