Wipro Infotech

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Wipro Infotech
Type Public (NYSE: WIT)
Founded 1945 (Pre Independence)
Headquarters Flag of India Bangalore
Key people Azim Premji, Chairman and Managing director, Suresh Vaswani, President
Industry Information technology services
Revenue Rs 37.46 billion (2008) INR
Employees 11000+ (2008)
Website www.wipro.in

Wipro Infotech is a subunit of Wipro (NYSE:WIT).

[edit] Awards

Cisco awarded the best partner award to Wipro Infotech in India.

Microsoft conferred the Gold Award for 2007 on Wipro Infotech for all round performance in solution design and delivery.

[edit] Financials

For the year ended March 31, 2008, Wipro Infotech recorded Revenues of 37.46 billion Rs, representing a growth of 51% year-over-year (YoY). PBIT grew by 46% YoY to Rs 3.12 billion. Services business contributed 33 % to total Revenues and grew by 47% YoY.

For the quarter ended March 31, 2008, Wipro Infotech recorded Revenues of Rs 10.96 billion a growth of 41% YoY and PBIT of Rs. 0.98 billion a growth of 34% YoY. Services business contributed 34% to total Revenue during the quarter and grew by 52% YoY.

Marquee wins in the quarter include a comprehensive SAP implementation project from Adani Infrastructure evelopment (P) Ltd and infrastructure integration & management contracts from Bangalore International Airport Ltd., Suzlon Energy and Bharat Earth Movers Ltd.

During the quarter, Cisco awarded the best partner award to Wipro Infotech in India. Microsoft conferred the Gold Award for 2007 on Wipro Infotech for all round performance in solution design and delivery.

[edit] External links