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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 Income
19,045
21,363
22,001
3%
16%
Total Expenses
15,173
17,629
18,648
6%
23%
Profit before tax
3,873
3,732
3,352
-10%
-13%
Tax
625
640
793
24%
27%
Profit after tax
3248
3,093
2,559
-17%
-21%
Earnings per share
5.9
5.6
4.7

Data Source: BSE, Company announcements

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