Wipro rises over 3 per cent after Q2 earnings

The company had registered a net profit of Rs 1,889 crore in the year-ago period.

Update: 2019-10-16 06:33 GMT
FMCG firm Wipro Consumer Care and Lighting on Thursday said it plans to invest Rs 220 crore to set up a new manufacturing facility for personal care products in Telangana.

New Delhi: The scrip of Wipro on Wednesday jumped over three per cent after the company posted 35 per cent rise in consolidated net profit for the second quarter ended September 30.

The scrip gained 3.32 per cent to Rs 251.80 on the BSE. On the NSE, it advanced 3.3 per cent to Rs 251.70.

 Wipro on Tuesday posted 35 per cent rise in consolidated net profit to Rs 2,552.7 crore for the second quarter ended September 30.

The company had registered a net profit of Rs 1,889 crore in the year-ago period. Its total income for September quarter stood at Rs 15,875.4 crore compared to Rs 15,203.2 crore a year ago.

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