Annual (Financial) Report 2000-2001 of Wipro Limited

It is a broadly described annual (financial) report of Wipro Limited in the year of 2000-2001. During the financial year, Sales of the Company in the year ended 31^st March 2001 were Rs. 30,922 million up by 35% and Profit after Tax before extraordinary items was Rs. 6,663 million up by 122% over the previous year. Over the last 10 years, the sales have grown at an average annual rate of 23% and Profit after Tax at 50%. The Company’s export at Rs. 18,134 million has registered a growth of 73% compared to the previous year. The Company’s Fixed deposits from the public as at 31^st March 2001 were Rs. 0.89 million and the unclaimed deposits as of that date were Rs. 0.89 million. The foreign exchange earnings of the Company during the year were Rs. 18,134 million while the outgoings were Rs. 8,330 million.

The Board of Directors has recommended a dividend of Re. 0.50/- per equity share to be appropriated from the profits of the year 2000-01 subject to the approval by the members at the Annual General Meeting.

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