Wipro profit falls 20.5% to â¹1,800 crore in March quarter
India's fourth most valuable IT firm Wipro has reported a 20.5% year-on-year fall in net profit to â¹1,800.8 crore for the March quarter, compared to â¹2,267 crore in the same period last fiscal. The decline was largely due to provisions relating to the insolvency of two customers. The revenue of the company fell 1.56% to â¹13,768.6 crore.