Wipro records 23% jump in sales

OCTOBER 29: Wipro Ltd has recorded a sales of Rs 9,852 million for the half year ended September, 1999, which was 23 per cent more compar...

OCTOBER 29: Wipro Ltd has recorded a sales of Rs 9,852 million for the half year ended September, 1999, which was 23 per cent more compared with corresponding period last year.

Profit after tax at Rs 1,190 million is up by 79 per cent from Rs 666 million in previous half year. The Wipro board of directors, at its board meeting here today approved audited half yearly accounts for the period ended September 30.

Wipro’s Software and Services Business, grew its sales by 55 per cent in the half year to Rs 4,407 million. Profit before interest and tax (operating margin) was Rs 1,146 million, up by 39 per cent over last year’s half year.

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Wipro’s Systems and Services Business, the domestic industry leader in networking solutions, customer service and computers and peripherals sales up by 16 per cent to Rs 3,422 million and operating margin at Rs 111 million grew multifold in the half year.

Wipro Consumer Care Lighting, a market leader in cooking fats, ingredient based soaps and toiletries, and lightingsystems and solutions with a distribution reach of 1.1 million outlets, grew its operating margin by 19 per cent to Rs 230 million in the half year.

PM Modi releases special coin, stamp to mark 100 years of RSS

India1 hr ago

Prime Minister Narendra Modi said that Rashtriya Swayam Sevak Sangh [RSS] had suffered at the hands of British and Nizams for its belief of ‘nation first’. He also said RSS members, including founder KB Hedgewar, had been jailed during the freedom struggle. Modi released a special commemorative postage stamp and a coin to mark the centenary of the RSS.

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