Wipro Q2 net hikes 13.24 pc to Rs 760.30 cr

New Delhi, Oct 19: IT major Wipro's net profit (standalone) increased 13.24 per cent to Rs 760.30 crore for second quarter ended September, against Rs 671.40 crore on sequential basis.

Net sales of the company for the same period rose to Rs 4,150 crore against Rs 3,679.10 crore sequentially, a company statement said.

On consolidated basis, net profit stood at Rs 823.70 crore for July-September period, posting an increase of 18 per cent yearly, while net sales were at Rs 478.47 crore, representing a 35 per cent rise on yearly basis, it added.

The company has declared 100 per cent interim dividend of two rupees per share.

The company bagged several large deals in the quarter, including one with total contract value of 275 million dollars and another contract of 160 million dollars over multiple years. UNI