Mumbai: Third largest (among listed companies) software services provider Wipro has reported a consolidated net profit of Rs 1,456 crore in the third quarter of FY12, a growth of 12 per cent as compared to Rs 1,299.9 crore in the previous quarter.
Consolidated revenue jumped 11 per cent to Rs 9,997 crore from Rs 9,007 crore quarter-on-quarter.
Numbers were better than analysts' expectations; CNBC-TV18 poll had expected revenues at Rs 9,765 crore and net profit of Rs 1,450 crore.
Global IT revenues of the company moved up by 11.4 per cent to Rs 7,607 crore in the quarter ended December FY12 versus Rs 6,829 crore in the previous quarter.
EBIT margin of the global IT business too improved at 20.8 per cent versus 20 per cent during the same period.
For the next quarter i.e. fourth quarter, IT giant expects revenues at $ 1.52-1.55 billion, which is based on dollar-rupee rate of 51.75 and euro-dollar of 1.33.
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