Wipro reports 21 per cent growth in profit at Rs 3209 crore in Q2, gifts 1:1 bonus

IT services major Wipro reported a 21 per cent growth in the second quarter of the fiscal, which was better than estimates.

The company also declared a bonus issue in the ratio of 1:1.

Wipro recorded a net profit of ₹3,208.8 crore in the second quarter (July-September) up from ₹2,646.3 crore in the year-ago period.

Ahead of the numbers, analysts were pencilling its net profits at around ₹3,100 crore.