Monday, January 18, 2016

Wipro Q3 profit up 2 pct, meets Estimates

10:43 AM


http://www.researchvia.com/free-trials/
 
Wipro Ltd, India's third-largest software services exporter, reported third-quarter profit in line with analysts' estimates.
 
Revenue from its IT services business rose 9 percent to $1.86 billion and the company said it expected this segment's revenue to come in between $1.88 billion and $1.91 billion for the fourth quarter ended March.
 
Wipro's net profit for the third quarter ended Dec. 31 was 22.34 billion rupees ($330.2 million), compared with 21.93 billion rupees a year earlier. Analysts expected a profit of 22.23 billion rupees, according to Thomson Reuters I/B/E/S.
 
($1 = 67.6500 rupees)

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