Annual Report 2009-2010 of Wipro Limited

It is a broadly described annual report of Wipro Limited in the year of 2009-2010. During the financial year, The Company’s Sales for the current year grew by 7% to Rs. 276,505 million and Profit for the year was Rs. 46,310 million, an increase of 19% over the previous year. During the year, your Company has earned foreign exchange of Rs. 168,469 million and the outgoings in foreign exchange were Rs. 71,739 million, including outgoings on materials imported and dividend. The Company has an authorized share capital of Rs. 3,550 million comprising 1,650 million equity shares of Rs. 2/- each and 25 million 10.25% redeemable cumulative preference shares of Rs. 10/- each as of 31^st March 2010. The Company has a paid-up capital of Rs. 2,934 million, an increase of Rs. 6 million during this year.

The Board of Directors has recommended a final Dividend of @300% (Rs. 6 per equity share of Rs. 2/- each) to be appropriated from the profits of the year 2009-10 subject to the approval of the shareholders at the ensuing Annual General Meeting.

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