Quarterly results of Indian hotels & Wipro
Indian Hotels
WIPRO Q1 : NET PROFIT AT UP 6 %
NET PROFIT AT UP 6 % TO 3036 CR (QOQ( , UP 5 % (YOY)
REVENUE DOWN 1 % TO 21,963 CR (QOQ), DOWN 4 % (QOQ)
EBIT UP 2% AT 3625.2 CR (QOQ) V UP 5% (YOY)
MARGINS AT 16.5% V 16% (QOQ) V 15.17% (YOY)
WIPRO Q1 HIGHLIGHTS Gross revenue was at 219.6 billion ($2,635.8 million’), a decrease of 1.1% QoQ and 3.8% YoY.
IT services segment revenue was at $2,625.9 million, a decrease of 1.2% QoQ and decrease of 5.5% YoY. Non-GAAP2 constant currency IT Services segment revenue decreased 1.0% QoQ, and 4.9% YoY.
Total bookings was at $3,284 million. Large deal bookings was at $1,154 million, a decrease of 3.1% QoQ and 3.6% YoY.
IT services operating margin for the quarter was at 16.5%, an increase of 0.1% QoQ and 0.4% YoY.
Net income for the quarter was at 30.0 billion ($360.4 million¹), an increase of 5.9% QoQ and 4.6% YoY.
Earnings per share for the quarter was at ₹5.75 ($0.07′), an increase of 5.9% QoQ and 9.9% YoY.
Operating cash flows of ₹40.0 billion ($479.0 million), an increase of 6.5% YoY and at 131.6% of Net Income for the quarter.
Voluntary attrition was at 14.1% on a trailing 12-month basis.
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