Wipro q4 results 2011 have announced today by Wipro Limited on (29th April, 2011) for FY 10-11

Wipro q4 results 2011 have announced today by Wipro Limited on (29th April, 2011) for FY 10-11: The Wipro Q4 Results 2011- Wipro, India’s third largest IT services company, said its revenue in the fiscal first quarter is expected to be in the range of $1.39 billion to $1.42 billion which reflects a decline of 0.4 per cent at the low end to a rise of 1.6 per cent at the top end when compared to the fiscal fourth quarter that ended March 31.
The company’s Q4 net profit grew 4.3% quarter-on-quarter to Rs 1,375 crore, slightly better than analyst estimates, reports CNBC-TV18.

A CNBC-TV18 poll had forecast Wipro’s quarterly net profit at Rs 1,368 crore.

India’s third largest software exporter’s logged quarterly revenues of Rs 8,302 crore, up 6% sequentially, and ahead of the Rs 8,230 crore predicted by the poll.

Consolidated net sales jumped 6% to Rs 8,302 crore in the January-March quarter of 2011 as against Rs 7,829.3 crore in the quarter ended December 2010.

Earnings before interest, tax, depreciation and amortisation (EBITDA) margin stood at 20.56%, which was less-than-street estimates of 20.8%.

Wipro expects global IT revenues at USD 1.39-1.42 billion in the first quarter of FY12.

Credits/Source: gribouilli.com