| Company Name: Wipro |
Wipro Infotech is the leading strategic IT partner for companies across India and Middle East - offering integrated IT solutions. We plan, deploy, sustain and maintain your IT lifecycle through our total outsourcing, consulting services, business solutions and professional services. Wipro Infotech helps you drive momentum in your organisation - no matter what domain you are in.
Backed by our strong quality processes and rich experience managing global clients across various business verticals, we align IT strategies to your business goals. Along with our best of breed technology partners, Wipro Infotech also helps you with your hardware and IT infrastructure needs.
Wipro Infotech is a part of USD 5 billion Wipro Limited (NYSE:WIT) with a market capitalization of USD 24 billion. The various accreditations that we have achieved for every service we offer reflect our commitment towards quality assurance. Wipro Infotech was the first global software company to achieve Level 5 SEI-CMM, the world's first IT company to achieve Six Sigma, as well as the world's first company to attain Level 5 PCMM. Currently, we have 13 regional offices in India besides offices in the UAE, Bahrain, Egypt and KSA.
IT Services business reported revenues of Rs. 52.60 billion for the quarter ended March 31, 2010, a growth of 7% YoY. EBIT for this segment was Rs. 12.72 billion for the quarter ended March 31, 2010, a growth of 20% YoY. Operating income to revenue for the quarter was 24.2%.
IT Services business added 27 new clients during the quarter.
We had 108,071 employees as of March 31, 2010, an increase of 5,325 people this quarter.
Wipro's innovative application services model, CIGMA (Centre for Integrated Global Management of Applications) won the NASSCOM IT Innovation Award in the Process Innovation category for the year. This award recognizes innovation in a company's business processes, models, inputs, go-to-market strategies, delivery models to realize significant business value.
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