Wipro Q4 net profit up 2.1% to Rs 2,286.5 crore

Zee Media Bureau

New Delhi: India's third-biggest software services exporter Wipro on Tuesday reported a 2 percent rise in quarterly profit, beating estimates thanks to a rise in its Western clients` technology spending.

Wipro's net profit increased 2.1 per cent to Rs 2,286.5 crore for quarter ended March 31, 2015 and the revenue rose 3.9 per cent to Rs 12,171.4 crore.

“We see strong growth in health care, manufacturing and RCTG verticals,” said T K Kurien, Wipro CEO.

Also, Rishad Azim Premji has been appointed whole- time director with effect from May 1 2015. The company announced a dividend of Rs 7 per share.

The company's stocks on BSE closed 0.7 per cent higher at Rs 579 apiece.

With Agency Inputs