Third largest IT exporter Wipro Limited announced the results for fourth quarter and year ended March 31, 2010 under IFRS. The Wipro Technologies records 21% YoY growth in profit after tax in Q4 FY10 board of directors recommends final dividend of Rs 6 per share and a Bonus Issue of 2:3. The company posted 21% rise in fourth quarter profit to Rs. 1209 crore as it won orders from customers such as Best Buy Co, Inc and the Main Street America Group. According to News Source: "We have seen another strong growth of broad based, volume led growth. We saw good recovery in our challenged verticals of technology and telecom," said Azim Premji, chairman of Wipro in a statement. "The business environment is returning to normal." Source : http://www.monkeydollars.net |
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WIPRO Q4 Results 2010
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