WIPRO Announces Quarterly Results (4QFY19); Net Profit Up 38.6%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

WIPRO Announces Quarterly Results (4QFY19); Net Profit Up 38.6%
Thu, 18 Apr

WIPRO has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

WIPRO Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m137,686150,595151,6090.7%10.1%
Other incomeRs m5,3606,2737,54420.3%40.7%
TurnoverRs m143,046156,868159,1531.5%11.3%
ExpensesRs m113,156117,665119,0101.1%5.2%
Gross profitRs m24,52732,93032,599-1.0%32.9%
DepreciationRs m5,7005,1715,5938.2%-1.9%
InterestRs m1,5641,6272,53055.5%61.8%
Profit before taxRs m22,62332,40532,020-1.2%41.5%
TaxRs m4,6156,9677,0641.4%53.1%
Profit after taxRs m18,00825,43824,956-1.9%38.6%
Gross profit margin%17.821.921.5
Effective tax rate%20.421.522.1
Net profit margin%12.616.215.7
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 10.1% on a year-on-year (YoY) basis. The expenses were up by 5.2% YoY during the same period.
  • The company's operating profit increased by 32.9% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 21.5% in 4QFY19 as against 17.8% in 4QFY18.
  • Depreciation charges declined by 1.9% and finance costs increased by 61.8% YoY, respectively.
  • Other income increased by 40.7% YoY during the quarter.
  • Net profit for the quarter increased by 38.6% YoY. Net profit margins during the quarter increased from 12.6% in 4QFY18 to 15.7% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 0.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 1.1% QoQ during the same period.
  • The company's operating profit declined by 1.0% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 21.5% in 4QFY19 as against 21.9% in 3QFY18.
  • Net profit for the quarter declined by 1.9% QoQ, while net profit margins declined from 16.2% in 3QFY18 to 15.7% in 4QFY19.

To see how WIPRO has performed over the last eight quarters, please visit here.

WIPRO Share Price Performance

Over the last one year, WIPRO share price has moved up from Rs 219.5 to Rs 285.6, registering a Gain of Rs 66.1 or around 30.1%.

Meanwhile, the S&P BSE IT Index is trading at Rs 15,574.7 (down 0.1%). Over the last one year it has moved up from 12,608.4 to 15,574.7, a gain of 2,966 points (up 23.5%).

Overall, the S&P BSE SENSEX is up 14.3% over the year.

Current Valuations

At the current price of Rs 285.6, the price to earnings (P/E) ratio of WIPRO stands at 14.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.7 times.

Equitymaster requests your view! Post a comment on "WIPRO Announces Quarterly Results (4QFY19); Net Profit Up 38.6%". Click here!

  

Related Views on News

WIPRO Announces Quarterly Results (4QFY20); Net Profit Down 6.1% (Quarterly Result Update)

Apr 16, 2020 | Updated on Apr 16, 2020

For the quarter ended March 2020, WIPRO has posted a net profit of Rs 23 bn (down 6.1% YoY). Sales on the other hand came in at Rs 157 bn (up 3.6% YoY). Read on for a complete analysis of WIPRO's quarterly results.

WIPRO Announces Quarterly Results (3QFY20); Net Profit Down 3.3% (Quarterly Result Update)

Jan 15, 2020 | Updated on Jan 15, 2020

For the quarter ended December 2019, WIPRO has posted a net profit of Rs 25 bn (down 3.3% YoY). Sales on the other hand came in at Rs 155 bn (up 2.7% YoY). Read on for a complete analysis of WIPRO's quarterly results.

WIPRO 2018-19 Annual Report Analysis (Annual Result Update)

Jun 27, 2019 | Updated on Jun 27, 2019

Here's an analysis of the annual report of WIPRO for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of WIPRO. Also includes updates on the valuation of WIPRO.

WIPRO 2017-18 Annual Report Analysis (Annual Result Update)

Aug 21, 2018 | Updated on Aug 21, 2018

Here's an analysis of the annual report of WIPRO for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of WIPRO. Also includes updates on the valuation of WIPRO.

More Views on News

Most Popular

6 Charts Showing the State of Indian Financial Markets in 2020(Sector Info)

May 26, 2020

Six charts showing how Indian financial markets have performed in 2020 so far...

What the RBI's Rate Cut Means for Options Traders(Fast Profits Daily)

May 25, 2020

The RBI governor has cut the repo rate to 4%. What does this mean for options traders? Find out in this video.

Which Stocks Should You Buy, Sell, and Hold in the Market Today?(Profit Hunter)

May 21, 2020

The coronavirus led uncertainty refuses to go away from the markets. Here's what retail investors should do with their stocks...

Why We Picked This Smallcap Stock for a Post Coronavirus World(Profit Hunter)

May 28, 2020

Covid-19 has made it a survival of the fittest race for many companies. The ones that can adapt will thrive in a post crisis world.

More

India's #1 Trader
Reveals His Secrets

The Secret to Increasing Your Trading Profits Today
Get this Special Report, The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

WIPRO SHARE PRICE


Jun 2, 2020 (Close)

TRACK WIPRO

COMPARE WIPRO WITH

MARKET STATS