<p>IT services major Wipro on Wednesday posted a consolidated net profit of Rs 2,969 crore for the December 2021 quarter, and said it has logged strong performance in revenues and order bookings.</p>.<p>The net profit attributable to shareholders in the year-ago period had stood at Rs 2,968 crore, according to a regulatory filing by Wipro.</p>.<p>On a sequential basis, its net profit was up 1.3 per cent, it added.</p>.<p>Its revenue from operations grew 29.6 per cent to Rs 20,313.6 crore, from Rs 15,670 crore in the quarter ended December 2020.</p>.<p>Wipro, which gets a bulk of its top line (revenue) from IT services, said it expects revenues from that business to be in the range of $2,692 million to $2,745 million in March 2022 quarter. This translates into a sequential growth of two per cent to four per cent for the March quarter.</p>.<p>For the December 2021 quarter, IT services revenue grew 2.3 per cent sequentially to $2,639.7 million, in line with the forecast that had been given by the company in October.</p>.<p>In October, Wipro had said it expects its December quarter revenue from the IT services business to be in the range of $2,631-2,683 million, a sequential growth of two to four per cent.</p>.<p>"Wipro has delivered a fifth consecutive quarter of strong performance, both on revenues, and margins.</p>.<p>"Order bookings have been strong too, and we have added seven new customers in the more than $100 million revenue league, in the last 12 months," Wipro CEO and Managing Director Thierry Delaporte said in a statement.</p>.<p>He added that Wipro's strategy and improved execution continue to serve it well, and the company is confident of building on this momentum.</p>.<p>"We are also excited to have completed the acquisitions of Edgile and LeanSwift Solutions in the quarter, both of which will add to our capabilities significantly," he said.</p>.<p>Wipro Chief Financial Officer Jatin Dalal said the company delivered robust operating margins after absorbing substantial investments on salary increases, owing to continued improvement in operating metrics.</p>.<p>The company's headcount for IT services stood at 231,671, an increase of 41,363 employees on a net basis year-on-year. It added 10,306 employees during the quarter.</p>.<p>Wipro has declared an interim dividend of Re 1 per equity share.</p>.<p>Wipro shares closed marginally lower at Rs 691.35 apiece on the BSE on Wednesday. The results were declared after market hours.</p>.<p><strong>Check out the latest videos from <i data-stringify-type="italic">DH</i>:</strong></p>
<p>IT services major Wipro on Wednesday posted a consolidated net profit of Rs 2,969 crore for the December 2021 quarter, and said it has logged strong performance in revenues and order bookings.</p>.<p>The net profit attributable to shareholders in the year-ago period had stood at Rs 2,968 crore, according to a regulatory filing by Wipro.</p>.<p>On a sequential basis, its net profit was up 1.3 per cent, it added.</p>.<p>Its revenue from operations grew 29.6 per cent to Rs 20,313.6 crore, from Rs 15,670 crore in the quarter ended December 2020.</p>.<p>Wipro, which gets a bulk of its top line (revenue) from IT services, said it expects revenues from that business to be in the range of $2,692 million to $2,745 million in March 2022 quarter. This translates into a sequential growth of two per cent to four per cent for the March quarter.</p>.<p>For the December 2021 quarter, IT services revenue grew 2.3 per cent sequentially to $2,639.7 million, in line with the forecast that had been given by the company in October.</p>.<p>In October, Wipro had said it expects its December quarter revenue from the IT services business to be in the range of $2,631-2,683 million, a sequential growth of two to four per cent.</p>.<p>"Wipro has delivered a fifth consecutive quarter of strong performance, both on revenues, and margins.</p>.<p>"Order bookings have been strong too, and we have added seven new customers in the more than $100 million revenue league, in the last 12 months," Wipro CEO and Managing Director Thierry Delaporte said in a statement.</p>.<p>He added that Wipro's strategy and improved execution continue to serve it well, and the company is confident of building on this momentum.</p>.<p>"We are also excited to have completed the acquisitions of Edgile and LeanSwift Solutions in the quarter, both of which will add to our capabilities significantly," he said.</p>.<p>Wipro Chief Financial Officer Jatin Dalal said the company delivered robust operating margins after absorbing substantial investments on salary increases, owing to continued improvement in operating metrics.</p>.<p>The company's headcount for IT services stood at 231,671, an increase of 41,363 employees on a net basis year-on-year. It added 10,306 employees during the quarter.</p>.<p>Wipro has declared an interim dividend of Re 1 per equity share.</p>.<p>Wipro shares closed marginally lower at Rs 691.35 apiece on the BSE on Wednesday. The results were declared after market hours.</p>.<p><strong>Check out the latest videos from <i data-stringify-type="italic">DH</i>:</strong></p>