IT company Wipro on Tuesday posted a marginal increase in consolidated profit to Rs 2,390.4 crore for the June quarter of 2020, against Rs 2,387.6 crore a year ago. Total income was almost flat at Rs 15,571.4 crore compared with Rs 15,566.6 crore a year ago.

Total revenue of Wipro from IT services was up 1.5 per cent at Rs 15,033.6 crore during the reported quarter from Rs 14,802 crore a year ago.

Wipro recorded operational profit of Rs 3,095.3 crore in the IT services segment compared with Rs 3,072.2 crore a year ago.

Shares of Wipro closed at Rs 225.05 apiece, down 1.1 per cent from Monday’s close on the BSE. The company said it has signed an agreement to acquire Brazil-based IVIA Serviços de Informática Ltda for $22.4 million (about Rs 169 crore).