Wipro’s fourth-quarter net-profit fell 8% to ₹2,835 crore: Company’s revenue in Q4FY24 stood at ₹22,208 crore, shares rose 1.74%

IT company Wipro has released the results of Q4FY24 i.e. the fourth quarter of the financial year 2024 today i.e. Friday (April 19). Wipro’s net profit fell 8% year-on-year to ₹2,835 crore in the January-March quarter. In the same quarter (Q4FY23) last year, the company’s net profit was ₹3,074 crore. Whereas in Q3FY24 i.e. the third quarter, Wipro’s net profit was ₹ 2,700 crore. Wipro’s revenue also declined to ₹ 22,208 crore. Wipro’s revenue from operations also declined to ₹ 22,208 crore in the fourth quarter, which was ₹ 23,190 crore in the same quarter last year. Whereas Wipro’s revenue in the third quarter was ₹ 22,205 crore. Wipro’s shares rose by 1.74% to reach Rs 452. Before the results were announced today, Wipro’s shares closed at Rs 452.10 with a rise of 1.74%. With this, the market cap of Wipro has become Rs 2.36 lakh crore.

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