Wipro Ltd Q4FY21 consolidated PAT at Rs. 2972.1 crore

Wipro LTD. has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.16334 crores during the period ended March 31, 2021 as compared to Rs.15726.6 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.2972.1 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.2966.7 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.5.38 for the period ended March 31, 2021 as compared to Rs.5.17 for the period ended December 31, 2020.

Financials	Q4 FY20-21	Q3 FY20-21	% Change
Total Income	₹ 16334 crs	₹ 15726.6 crs	3.86%
Net Profit	₹ 2972.1 crs	₹ 2966.7 crs	0.18%
EPS	₹ 5.38	₹ 5.17	4.06%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.16334 crores during the period ended March 31, 2021 as compared to Rs.15849.8 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.2972.1 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.2326 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.5.38 for the period ended March 31, 2021 as compared to Rs.4.07 for the period ended March 31, 2020.

Financials	Q4 FY20-21	Q4 FY19-20	% Change
Total Income	₹ 16334 crs	₹ 15849.8 crs	3.05%
Net Profit	₹ 2972.1 crs	₹ 2326 crs	27.78%
EPS	₹ 5.38	₹ 4.07	32.19%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.62234.4 crores during the 12 months period ended March 31, 2021 as compared to Rs.61454.5 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.10794.6 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.9721.8 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.19.07 for the 12 months period ended March 31, 2021 as compared to Rs.16.62 for the 12 months period ended March 31, 2020.

Financials	Year Ended FY20-21	Year Ended FY19-20	% Change
Total Income	₹ 62234.4 crs	₹ 61454.5 crs	1.27%
Net Profit	₹ 10794.6 crs	₹ 9721.8 crs	11.03%
EPS	₹ 19.07	₹16.62	14.74%

Thierry Delaporte, CEO and Managing Director said, "I am delighted with the way we have finished the financial year. We delivered a third consistent quarter of strong revenue growth, deal wins and operating margins. We also announced our largest ever acquisition of Capco that will bolster our global financial services sector. We are excited with this wave of business momentum that we are witnessing. All key markets are now growing on YoY basis and this provides us a solid foundation to build on next year growth rates."

Jatin Dalal, Chief Financial Officer said, "We delivered a 340 bps expansion YoY in operating margins for the quarter after absorbing the impact of wage hike. On a full year basis we increased margins by 220 bps with a consistent improvement in operating metrics. Led by disciplined execution, we generated strong operating cash flows at 136.7% of our net income for the full year. We successfully completed the share buyback program returning $1.3Bn to our shareholders."

Shares of WIPRO LTD. was last trading in BSE at Rs.418.65 as compared to the previous close of Rs. 432.5. The total number of shares traded during the day was 882242 in over 8515 trades.

The stock hit an intraday high of Rs. 437.35 and intraday low of 412.75. The net turnover during the day was Rs. 373458056.

Source : Equity Bulls

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