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Wipro ups IT revenue guidance for Q3

  •   Tue, Oct 22 2013 06:00:42 PM

Bangalore, Oct 22 (IANS): Wipro Ltd Tuesday projected higher revenue from its flagship IT services business for third quarter than achieved in second quarter of fiscal 2013-14.

In a regulatory filing to stock exchanges, the IT bellwether said revenue from its IT services for this quarter (Q3) would be in the range of $1,660-1,690 million or an average of $1,675 million ($1.7 billion).

In second quarter, revenue from IT services grew 5.9 percent year-on-year (YoY) and 2.7 percent sequentially to $1.63 billion as projected at the beginning of the quarter.

Unlike its rival Infosys Ltd, Wipro does not give annual revenue guidance as a policy.

  

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