<p>IT services company Wipro on Wednesday reported a 13% jump in its consolidated net profit at Rs 2,387 crore for the first quarter ended June 2019 compared to the corresponding quarter last year.</p>.<p>The Bengaluru-based IT major had registered a net profit of Rs 2,121 crore in the year-ago period. Its revenues showed a single-digit increase of 5.3%% to Rs 14,716.1 crore during the first quarter, compared with Rs 13,977.7 crore in the corresponding quarter last year.</p>.<p>Abidali Z. Neemuchwala, CEO and Executive Director said, “Our efforts on client mining have resulted in an addition of three customers in the more than $100 million bucket. We will continue to build differentiated capabilities to drive business transformation for our customers by investing in our big bets.”</p>.<p>The company’s shares closed down 35 paise at Rs 259.70 per share on BSE.</p>
<p>IT services company Wipro on Wednesday reported a 13% jump in its consolidated net profit at Rs 2,387 crore for the first quarter ended June 2019 compared to the corresponding quarter last year.</p>.<p>The Bengaluru-based IT major had registered a net profit of Rs 2,121 crore in the year-ago period. Its revenues showed a single-digit increase of 5.3%% to Rs 14,716.1 crore during the first quarter, compared with Rs 13,977.7 crore in the corresponding quarter last year.</p>.<p>Abidali Z. Neemuchwala, CEO and Executive Director said, “Our efforts on client mining have resulted in an addition of three customers in the more than $100 million bucket. We will continue to build differentiated capabilities to drive business transformation for our customers by investing in our big bets.”</p>.<p>The company’s shares closed down 35 paise at Rs 259.70 per share on BSE.</p>
