On April 20, Indian IT whiz Wipro (NYSE:WIT) released fourth-quarter earnings for the period ended March 31.
- Revenue increased by 46%, as its global IT service and product revenue grew by 37% year over year.
- During the quarter, global IT services and products added 44 new clients, including seven Global 500 or Fortune 1000 companies.
- Wipro carries a four-star rating in Motley Fool CAPS. Players who are bullish on Wipro also favor Indian companies Tata Motors (NYSE:TTM) and Infosys (NASDAQ:INFY).
(Figures in millions, except per-share data. 2005 data is presented in dollars from last year's financial statements.)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change | |
|---|---|---|---|
|
Sales |
$1,005.7 |
$687.0 |
46.4% |
|
Net Profit |
$199.9 |
$134.0 |
49.1% |
|
EPS |
$0.14 |
$0.09 |
55.6% |
|
Diluted Shares |
1,444.5 |
1,423.7 |
1.5% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* | |
|---|---|---|---|
|
Gross Margin |
31.2% |
31.2% |
0.1 |
|
Operating Margin |
18.9% |
21% |
(2.1) |
|
Net Margin |
19.9% |
19.5% |
0.4 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$1,040.0 |
$881.0 |
18% |
|
Accounts Rec. |
$660.5 |
$463.0 |
42.7% |
|
Inventory |
$96.3 |
$46.4 |
107.5% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$163.8 |
$93.2 |
75.8% |
|
Long-Term Debt |
$19.9 |
$0.0 |
N/A |
Learn the ways of the balance sheet.
Cash Flow Highlights
The company included no cash flow data. Why, Wipro, why?
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Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
