Its services revenue grew to INR76.08bn ($1.435bn), which is a year over year increase of 28%
Indian software services provider Wipro announced that its total revenues grew by 23% year over year to INR99.97bn ($1.89bn).
Its services revenue grew to INR76.08bn ($1.435bn), which is a year over year increase of 28%.
Its net income grew to INR14.56bn ($275m), an increase of 10% compared to the year-ago period.
The quarter ending December 31, 2011 saw Wipro becoming the first enrolment agency across India to achieve over 10m Aadhaar IDs within a short period.
It also saw a pharma major AstraZeneca chose Wipro for a multiyear engagement to enhance its SIAM (Service Integration and Management) and EUC (End User Computing) infrastructure.
Wipro also bagged a strategic deal during this quarter from Bharat Heavy Electrical Limited (BHEL) spread over 5 years for refreshing the company’s datacentre infrastructure of IBM servers.
Chairman of Wipro said Wipro continues to execute on its strategy and propel the business towards a higher growth trajectory. The overall macroeconomic sentiments continue to be uncertain and Wipro is monitoring it closely.
Wipro expects its revenues to be in the range of $1.52bn to $1.55bn, a sequential growth of 1% to 3% for the fourth quarter ending March 31, 2012.
The company sees growth potential in the Cloud enablement business, outcome based and service based pricing models.