Bangalore, Oct 22 (IANS): Wipro Ltd Wednesday projected a higher revenue outlook of $1.83 billion from its global IT services for the third quarter (October-December) of this fiscal (2014-15).

"We expect revenues from our IT services business to be in the range of $1,808-1,842 million or an average of $1,825 million ($1.83 billion) for this quarter ending Dec 31," the global software major said in a statement here.

The revenue forecast for third quarter is sequentially higher than $1,772 million ($1.8 billion) the IT services business posted in second quarter (July-Sep) of this fiscal (FY 2015) under the International Financial Reporting Standard (IFRS).

Earlier, the company reported net profit of Rs.2,085 crore and total revenue of Rs.11,684 crore for second quarter (Q2), posting a modest eight percent YoY growth in bottomline and topline, as per the Indian accounting standard.

Under IFRS, net income for the quarter under review was $337 million and total income $1.9 billion.

Revenue from its global IT services grew 8.6 percent YoY to $1.8 billion (Rs.10,924 crore), which is a sequential growth of 1.8 percent.