Bangalore: Wipro Ltd posted a net profit of Rs 116.2 crore for the second quarter (July-September) of this fiscal (2009-10), registering 19 per cent year-on-year (YoY) growth, as per the Indian accounting standard.
In a regulatory filing, the IT bellwether on Tuesday declared that revenue for the quarter under review (Q2) was Rs 691.7 crore, a modest increase of 6 per cent YoY, as per the Indian accounting standard.
According to the International Financial Regulatory Standard (IFRS), the company's net income at $243 million increased by 21 per cent YoY, while total revenue increased by 6 per cent YoY to $1.44 billion.
Revenue from IT services, however, declined by four per cent YoY to $1.06 billion during the quarter though it was sequentially higher by 3.2 per cent.
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