India's third-largest software firm Wipro said on Wednesday that first-quarter net profit edged up a better than expected 1.2 per cent year-on-year as clients increased spending on IT services.
Net profit was 13.35 billion rupees ($300 million) in the three months to June 30, according to international accounting standards, from 13.19 billion rupees a year earlier.
It proves the consistency of Wipro's performance QOQ and YOY basis.The company's fundamentals are very strong which is visible in its share price and it has bagged multi crore orders from abroad.
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