Wipro has announced their quarterly result for sep-2020 company posted their net profit ( profit after tax) went to up from 24084.00 it was in june-20 to 24850.00 (+3.18%) gain quarter on quarter and during this quarterly period it’s net profit went to down from 25615.00 it was in sep-19 to 24850.00 (-2.99%) loss year on year. Net profit margin went to up from 16.10% it was in june-20 to 16.50% quarter on quarter and during this quarter it’s net profit margin decline from 16.90% it was in sep-19 to 16.50% year on year.
Company’s net sales went to up from 149131.00 it was in june-20 to 150967.00 (+1.23%) gain quarter on quarter and during this time period it’s net sales declined from 151306.00 it was in sep-19 to 150967.00 (-0.22%) loss over this year highest sales was on mar-20 it was 157110.00. Other income went to down from 6486.00 it was in june-20 to 5547.00 (-14.48%) loss quarterly basis. and during this quarterly period it decreased from 7448.00 it was in sep-19 to 5547.00 (-25.52%) loss.
Company’s expenses decreased (-0.64%) on quarterly basis and during this period it’s expenses decreased (-3.12%) on year basis company’s highest expenses was on mar-20 it was 126311.00. Depreciation went to up 6.92% on quarterly basis and during this quarter period it went to up 36.70% on yearly basis. Tax increased 5.72% on quarterly basis and it increased 26.12 % on yearly basis. Over this year Wipro’s stock price increased from 243.40 to 375.80 (+54.39%) gain.
*Wipro‘s Quarterly Result Table For Sep-20 Given As Below:
|No. Of Months||3||3||3||3||3||Quarter On Quarter %||Year On Year %|
|Net Sales||Rs m||151,306||154,705||157,110||149,131||150,967||1.23||-0.22|
|Other Income||Rs m||7,448||6,097||5,900||6,486||5,547||-14.48||-25.52|
|Gross Profit||Rs m||30,958||31,801||31,194||31,887||34,377||7.81||11.04|
|Profit Before Tax||Rs m||31,347||30,760||29,645||30,922||32,079||3.74||2.34|
|Profit After Tax||Rs m||25,615||24,596||23,439||24,084||24,850||3.18||-2.99|
|Gross Profit Margin||%||20.5||20.6||19.9||21.4||22.8|
|Effective Tax Rate||%||18.3||20||20.9||22.1||22.5|
|Net Profit Margin||%||16.9||15.9||14.9||16.1||16.5|