• Wipro reported 3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended June (Q1FY23). On a year-on-year (YoY) basis, it witnessed a growth of 16%.
  • Its expenses for the quarter were up by 6% QoQ and 23% YoY.
  • The net profit decreased by 17% QoQ and 21% on a YoY basis.
  • The earnings per share (EPS) of Wipro stood at 4.7 during Q1FY23.

Wipro Financial Statements for Q1FY23:

(Rs, crores) Q1FY22 Q4FY22 Q1FY23 QoQ (%) YoY (%)
Total Income 19,045 21,363 22,001 3% 16%
Total Expenses 15,173 17,629 18,648 6% 23%
Profit before tax 3,873 3,732 3,352 -10% -13%
Tax 625 640 793 24% 27%
Profit after tax 3248 3,093 2,559 -17% -21%
Earnings per share 5.9 5.6 4.7    

Data Source: BSE, Company announcements

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