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Wipro Q3 net profit falls 5.6% on higher costs

Wipro Q3 net profit falls 5.6% on higher costs

Wednesday, January 25, 2017, 6:15 PM

Wipro Ltd, India's third-largest software services exporter, has reported a 5.6%fall in third-quarter consolidated net profit as employee costs and technical fees rose. Profits fell to Rs. 2,109 crore for the three months to December 31, the company said in a statement. Revenues rose 6.3 per cent to Rs. 13,765 crore.
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