WIPRO
Article Abstract:
In the 6 months ended September 1998, Wipro Ltd made a net profit of Rs66.50 crore on a turnover of Rs790.50 crore. It is expected to make a turnover Rs1,690 crore, a net profit of Rs165 crore and an earning per share of Rs36 in the year ending March 1999. It is involved in software exports, consumer products and lighting, computer hardware and services and fluid power. Wipro Ltd exports 80 percent of its software services to USA and the rest to Japan and UK among 15 countries. The offshore business of Wipro Ltd accounts for 75 percent of its revenues. Wipro Ltd is investing around Rs140 crore each in 1998-99 and 1999-2000 on its software division to exploit the increasing global software market opportunities in general and the US market in particular. (tsm)
Comment:
In the 6 months ended September 1998, Wipro Ltd made a net profit of Rs66.50 crore on a turnover of Rs790.50 crore.
Publication Name: Dalal Street Journal
Subject: Business, international
ISSN:
Year: 1999
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ITI LIMITED
Article Abstract:
ITI Limited of Bangalore has published its unaudited financial results for the quarter ended December 31, 1998. (gs) (kvr)
Comment:
ITI Limited of Bangalore has published its unaudited financial results for the quarter ended December 31, 1998.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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