Wipro net profit for fiscal 2009 up 19 percent

September 15th, 2009 Meridian sets 2010 outlook within Wall Street viewCINCINNATI — Meridian Bioscience Inc. on Tuesday set its fiscal 2010 profit guidance within Wall Street expectations and reaffirmed its fiscal 2009 outlook.

August 12th, 2009 CACI International 4Q profit grows 23 percentARLINGTON, Va. — Information-technology services company CACI International Inc.

July 22nd, 2009 BANGALORE - India's third largest IT bellwether, Wipro, remained profitable in the first quarter this fiscal despite marginal revenue decline in its global IT services business sequentially and annually. Even for the second quarter, revenue from its flagship IT services business is expected to remain flat in the $1.03-$1.05 billion range, as against the $1.03 billion garnered in the first quarter this fiscal, but still less than the $.1.11 billion earned in the corresponding quarter last fiscal.

July 22nd, 2009 BANGALORE - Wipro chairman Azim Premji said on Wednesday that they are adapting successfully to the global meltdown. Wipro, India's third-largest software services exporter, registered 13 percent rise in quarterly profit.

July 22nd, 2009 BANGALORE - India's third largest IT bellwether, Wipro, remained profitable in the first quarter this fiscal despite marginal revenue decline in its global IT services business sequentially and annually. Even for the second quarter, revenue from its flagship IT services business is expected to remain flat in the $1.03-$1.05 billion range, as against the $1.03 billion garnered in the first quarter this fiscal, but still less than the $.1.11 billion earned in the corresponding quarter last fiscal.

July 22nd, 2009 BANGALORE - Wipro Ltd posted net profit of Rs.10.16 billion (Rs.1,016 crore) for the first quarter (April-June) of this fiscal (2009-10), registering 12 percent year-on-year (YoY) growth as per the Indian accounting standard. In a regulatory filing Wednesday, the IT bellwether said consolidated revenue for the quarter (Q1) was Rs.62.74 billion (Rs.6,274 crore), an increase of five percent YoY as per the Indian accounting standard.

July 22nd, 2009 BANGALORE - Wipro Ltd projected revenue of $1.03-1.05 billion from its global IT services for the second quarter (July-September) of this fiscal (2009-10). In a regulatory filing Wednesday, the IT bellwether said the guidance was based on its performance in the first quarter (April-June) when its flagship business division revenue at $1.03 billion showed decline of 1.3 percent sequentially and 3.3 percent year-on-year (YoY).

July 15th, 2009 Campbell Soup says 2009 profit to top targetCAMDEN, N.J. — Campbell Soup says it expects its fiscal 2009 profit growth to exceed its long-range target of 5 percent to 7 percent.

April 29th, 2009 NEW DELHI - Telecom company Bharti Airtel Wednesday reported an increase of 25 percent to Rs.3,788 crore (Rs.38 billion/$754 million) in cash profit from operations for the quarter ended March 31, 2009. The cash profit from operations during the same period in the previous fiscal had been Rs.3,036 crore (Rs.30 billion).

April 22nd, 2009 BANGALORE - India's third largest IT bellwether Wipro Ltd, which resisted global meltdown to post double-digit growth in fiscal 2008-09, has succumbed in the beginning of the new fiscal (2009-10) to project lower revenue guidance from its global IT services business. 'Flat sequential growth and uncertainty in a subdued environment have made us project lower revenue guidance from global IT services in the range of $1-1.03 billion for first quarter (April-June) of FY 2010,' Wipro chief financial officer Suresh Senapaty told IANS here Wednesday.

April 22nd, 2009 BANGALORE - Wipro Ltd posted a net profit of Rs.10.1 billion (Rs.1,010 crore) for the fourth quarter (January-March) of fiscal 2008-09, registering 15 percent year-on-year (YoY) growth under the Indian accounting standard. In a regulatory filing, the IT bellwether said Wednesday its consolidated revenues for the quarter under review (Q4) of FY 2009 rose to Rs.64.52 billion (Rs.6,452 crore), posting YoY growth of 13 percent under the Indian accounting standard.

April 22nd, 2009 BANGALORE - Wipro Ltd has projected $1 billion revenue from its global IT services business for the first quarter (April-June) of this fiscal (2009-10), which is lower than the $1.05 billion in the fourth quarter (January-March) of last fiscal 2008-09. In a regulatory filing to stock exchanges, the IT bellwether said Wednesday the market conditions continued to pose challenges due to the impact of global recession and financial meltdown in the US, which accounts for about 60 percent of its total IT services revenue.

April 15th, 2009 BANGALORE - Infosys Technologies Ltd posted a consolidated net profit of Rs.59.88 billion (Rs.5,988 crore) for fiscal 2008-09, registering 28.5 percent year-on-year (YoY) growth as per the Indian accounting standard. In a regulatory filing Wednesday, the IT bellwether said consolidated income for the fiscal year under review (FY 2009) was Rs.216.93 billion (Rs.21,693 crore), posting 30 percent YoY growth under the Indian accounting standard.

January 20th, 2009 BANGALORE - India's third largest IT bellwether lost more employees than it could hire during the third quarter this fiscal, a senior executive admitted Wednesday. 'Yes, our net addition of employees was less than gross addition in the global IT services and products business due to slowdown and attrition in the third quarter compared to second quarter,' Wipro human resources head Pratik Kumar told IANS here.

January 19th, 2009 MUMBAI - HT Media, which publishes leading dailies like Hindustan Times and Mint, Tuesday reported a sharp drop of 79 percent in its net profit during the third quarter of this fiscal. In a regulatory filing, the company said its net profits fell to Rs.78 million for the third quarter of this fiscal from Rs.369 million for the corresponding period the previous fiscal.