• Net profit for the January-March quarter rose to rupees 6.18 billion ($138.8 million) from rupees 4.33 billion a year earlier.
• Revenues grew 35 percent to 31.1 billion rupees ($699 million).
• Added 42 new clients during the period.
• For the fiscal year that ended March 31, the company said net profit rose 27 percent to rupees 20.67 billion ($464.5 million) with revenue growing 30 percent to rupees 106.26 billion ($2.38 billion).
• Europe contributes 23 percent to the company’s total revenue, up from 20 percent a year ago.
• U.S. contribution slipped to 49 percent from 50 percent year earlier.
• Wipro Chief Financial Officer Suresh Senapaty was upbeat about the company’s future, assuring investors it would continue to outpace industry growth.
With a Market Cap of about $20 Billion, I just don’t see a lot of upside with Wipro in the near term. They didn’t even raise dividends which might have helped seeing how Infosys rewarded its stockholders.