Wipro Sees 4Q profit up by 4 percent Despite Recession
India's Wipro says 4Q profit up 4 percent.
MUMBAI, India — Indian outsourcing major Wipro Ltd. said fourth quarter profit rose 4 percent, even as revenue from information technology services slides amid a global slump in demand. Wipro said Wednesday that it earned 9.07 billion rupees ($178 million) in net income for the three months ending March 31, up from 8.75 billion rupees in the same period last year.
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