Wipro's Fiscal Q3 Earnings, Revenue Increase

MT Newswires Live
01-17

Wipro (WIT) reported fiscal Q3 earnings Friday of 3.20 Indian rupees ($0.04) per diluted share, up from 2.58 rupees a year earlier.

Analysts polled by FactSet expected 3.04 Indian rupees.

Revenue for the quarter ended Dec. 31 was 223.19 billion rupees, compared with 222.05 billion rupees a year earlier.

Analysts surveyed by FactSet expected 222.43 billion rupees.

For fiscal Q4, the company said it expects revenue from the IT Services business segment to be $2.60 billion to $2.66 billion. Analysts polled by FactSet expect $2.60 billion.

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