• Mon. Oct 18th, 2021

Wipro shares climb practically 8% put up Q2 earnings

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Oct 14, 2021

Shares of IT company Wipro on Thursday zoomed nearly 8 per cent after it posted a 17 per cent jump in consolidated net profit for the quarter ended on September 30, 2021.
The stock jumped 7.59 per cent to its 52-week high of Rs 723.65 on BSE.
On NSE, it gained 7.62 per cent to its 52-week high of Rs 723.90.
The IT company posted a 17 per cent jump in consolidated net profit to Rs 2,930.6 crore for the quarter ended on September 30, 2021.
The company had posted a net profit of Rs 2,484.4 crore in the same period a year ago.
Wipro said that it has surpassed USD 10 billion (around Rs 75,300 crore) annualised revenue run rate and is in position to hire 25,000 people in the next financial year.
The company is also resuming work back from office in a staggered manner starting with fully vaccinated senior colleagues in India.
Consolidated revenue of Wipro increased by about 30 per cent to Rs 19,667.4 crore during the quarter compared to Rs 15,114.5 crore it registered in the correspond

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