Wipro sees strong demand for services from financial clients [Reuters]
Wipro Limited (WIT)
Last wipro limited earnings: 4/16 04:00 pm
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Source: Reuters
Wipro first-quarter profit beats estimates | Reuters Reuters Staff 2 Min Read (Reuters) - India’s Wipro Ltd beat first-quarter profit expectations on Friday buoyed by higher Banking, Financial Services and Insurance (BFSI) revenue. Net profit for the three months to June 30 rose about 2 percent to 21.21 billion rupees ($307.55 million), India's third-largest software services exporter said in a statement bit.ly/2JEgski. That topped the 19.52 billion rupee profit expected by analysts, Thomson Reuters data showed. IT services revenue grew by about 5 percent to 137 billion rupees in the first quarter while the BFSI business grew 17.5 percent to 41.1 billion rupees. Wipro said it expected IT services revenue to grow 0.3-2.3 percent quarter on quarter for the three months to September 30. IT services revenue is expected to rise to between $2.01 billion and $2.05 billion, it said, excluding the impact of its divestment of its hosted data centre services business. “We have seen a pick-up in
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WIT
Earnings
- 4/22/24 - Beat
WIT
Sec Filings
- 4/30/24 - Form 6-K
- 4/23/24 - Form 6-K
- 4/8/24 - Form 6-K
- WIT's page on the SEC website