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Wipro stock discounts Q2 earnings

  •   Wed, Oct 23 2013 11:53:40 AM

Mumbai, Oct 23 (PTI): Shares of Wipro Ltd today tanked more than 8 per cent in morning trade on the bourses after the company reported a 28 per cent growth in its consolidated net profit for the quarter ended September 30.

The India's third largest IT exporter announced its second quarter results after market hours yesterday.

Wipro posted a net profit from continuing operations at Rs 1,932.1 crore for the second quarter against Rs 1,510.5 crore in the year-ago period.
  

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