Shares of IT major Wipro on Thursday dropped 6 percent after the company posted a 6 percent decline in net profit for March quarter that was battered by the fallout of Covid-19
Wipro Q4 net profit slips 6% to Rs 2,345 cr; suspends revenue guidance amid uncertainty over coronavirus
IT major Wipro Ltd on Wednesday posted nearly 6 percent decline in consolidated net profit to Rs 2,345.2 crore for January-March 2020 quarter, and suspended revenue growth guidance due to uncertainty in the external environment amid coronavirus pandemic
Wipro CEO Abidali Neemuchwala's pay package up 34.5% to Rs 18 cr in FY18; Azim Premji's by 10.13% to Rs 87 lakh
Wipro's Chief Strategy Officer (CSO) Rishad A Premji's compensation also grew by more than 250 percent to Rs 5.8 crore in the said fiscal.
For the June quarter, IT services revenue was at US $1,971.7 million, up 2.1 percent from the year-ago period