Azim Hasham Premji-led Wipro Enterprises has said its consolidated revenue from operations increased 9.8 per cent to Rs 16,902 crore in the financial year ended March 2024 while its profit jumped 35 per cent to Rs 1,903.1 crore.
According to an RoC (Registrar of Companies) filing, its total income, including other income, stood at Rs 17,761.3 crore in FY24, up 11.2 per cent from FY23 figure.
Wipro Enterprises Pvt Ltd had reported a revenue from operations of Rs 15,387.8 crore and a profit of Rs 1,410.1 crore a year before in FY23, according to financial data accessed through business intelligence platform Tofler.
As of March 31, 2024, Azim H Premji held 77.65 per cent stake in the company and the rest 21.84 per cent was owned by the Azim Premji Trust.
Its flagship firm Wipro Consumer Care and Lighting reported a net revenue of Rs 10,269.5 crore, up 3.13 per cent compared to Rs 9,956.9 crore recorded in FY23.
Meanwhile, the net revenue of Wipro Infrastructure Engineering was at Rs 6,632.5 crore, up 22.1 per cent in FY24. This was at Rs 5,430.9 crore in the year ended March 2023.
In FY24 Wipro Enterprises’ revenue from the domestic market was up 8.67 per cent to Rs 8,042.2 crore, contributing nearly half of the sales.