Wipro Q3 results: Net profit beats Street estimates, up 20% to Rs 2,968 crore

The Economic Times

Wipro on Wednesday reported a 20.4 per cent YoY rise in net profit at Rs 2,968 crore for the December quarter. The number beat an ET NOW poll estimate of Rs 2,554 crore. Gross revenue for the quarter rose 1.3 per cent YoY to Rs 15,670 crore. It was up 3.7 per cent on sequential basis. The IT firm has guided for Q4 revenues in the range of $2,102 million to $2,143 million. This translates to a sequential growth of 1.5 per cent to 3.5 per cent.

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