Wipro Q1FY23 Quarter Results

Wipro reported 3% sequential and 16% YoY revenue growth
  • 20 Jul 2022
  • Wipro reported 3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended June (Q1FY23). On a year-on-year (YoY) basis, it witnessed a growth of 16%.
  • Its expenses for the quarter were up by 6% QoQ and 23% YoY.
  • The net profit decreased by 17% QoQ and 21% on a YoY basis.
  • The earnings per share (EPS) of Wipro stood at 4.7 during Q1FY23.

Wipro Financial Statements for Q1FY23:

(Rs, crores) Q1FY22 Q4FY22 Q1FY23 QoQ (%) YoY (%)
Total Income19,04521,36322,0013%16%
Total Expenses15,17317,62918,6486%23%
Profit before tax3,8733,7323,352-10%-13%
Tax62564079324%27%
Profit after tax32483,0932,559-17%-21%
Earnings per share5.95.64.7

Data Source: BSE, Company announcements

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