Wipro registeres Rs 700 Crore profit during Second Quarter

Bangalore, Oct 18 (UNI) IT major Wipro Limited has registered a 46 per cent growth in profits on Year on Year (YoY) to Rs 700 Crore and the company's revenue has grown up by 41 per cent on YoY stood at Rs 3,546 Crores during the second quarter ended September 30.

Announcing the Second Quarterly results, Wipro Chairman Azim Premji said here todoay that "we believe that the focus we have on strategy and execution has continued to deliver robust results for the company. Our IT Services&Products business witnessed strong volume growth and operational improvements during our quarter ended September 30, 2006." Mr Premji said that "looking ahead, for the quarter ending December 2006, we expect Revenue from our Global IT Services&Products business to be approximately $ 633 million." MORE UNI MSP TS1140