Wipro Q4 net falls over 20% to Rs 1,800 crore

Wipro had registered a profit of Rs 2,267 crore in the year-ago period, as per Indian accounting norms.

New Delhi: Wipro on Wednesday posted over 20 percent decline in its consolidated profit to Rs 1,800.8 crore for the March quarter, 2017-18.

The country's third-largest software services firm had registered a profit of Rs 2,267 crore in the year-ago period, as per Indian accounting norms.

Its total income was down 4.9 percent at Rs 14,304.6 crore in the fourth quarter of last fiscal, compared to Rs 15,045.5 crore in the January-March period of 2016-17.

For the entire financial year ended March 31, Wipro's profit fell 6 percent to Rs 8,003.1 crore, while total income dipped 1.7 percent to Rs 57,035.8 crore over 2016-17.