Wipro surges on reporting 25% rise in Q3 consolidated net profit
Wipro is currently trading at Rs. 303.30, up by 21.45 points or 7.61% from its previous closing of Rs. 281.85 on the BSE.
The scrip opened at Rs. 300.00 and has touched a high and low of Rs. 305.35 and Rs. 296.85 respectively. So far 715521 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 319.95 on 20-Dec-2024 and a 52 week low of Rs. 208.40 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 299.10 and Rs. 280.75 respectively. The current market cap of the company is Rs. 319023.24 crore.
The promoters holding in the company stood at 72.75%, while Institutions and Non-Institutions held 16.02% and 8.73% respectively.
The company has reported 39.01% rise in net profit at Rs 2812.10 crore for Q3FY25 as compared to Rs 2022.90 crore for the same quarter in the previous year. Total income of the company increased by 3.92% at Rs 17572.50 crore for Q3FY25 as compared to Rs 16909.10 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 24.66% rise in its net profit at Rs 3366.70 crore for the quarter ended December 31, 2024 as compared to Rs 2700.60 crore for the same quarter in the previous year. Total income of the company increased by 2.28% at Rs 23322.90 crore for Q3FY25 as compared to Rs 22803.00 crore for the corresponding quarter previous year.
Wipro is a leading global information technology, consulting and business process services company.
