Business & Finance
India's Wipro beats second-quarter revenue expectations
Key Points
India's Wipro beats second-quarter revenue expectations BENGALURU, Oct 15 : Wipro, India's fourth-largest IT company, reported higher-than-expected second-quarter revenue on Thursday, helped by a revival in spending by its European clients and artificial intelligence unlocking new revenue streams. The company's consolidated revenue rose 9.1 per cent to 247.53 billion rupees ($2.60 billion) in the July-September quarter, surpassing analysts average estimate of 246.27 billion rupees, as per...
India's Wipro beats second-quarter revenue expectations
BENGALURU, Oct 15 : Wipro, India's fourth-largest IT company, reported higher-than-expected second-quarter revenue on Thursday, helped by a revival in spending by its European clients and artificial intelligence unlocking new revenue streams.
The company's consolidated revenue rose 9.1 per cent to 247.53 billion rupees ($2.60 billion) in the July-September quarter, surpassing analysts average estimate of 246.27 billion rupees, as per LSEG data.
($1 = 95.0550 Indian rupees)