Wipro projects higher IT revenue for Q4


Bengaluru, Jan 16 (IANS): Global software major Wipro Ltd Friday projected higher revenue from its IT services business in the fourth quarter of fiscal 2014-15.

In a regulatory filing to the Bombay Stock Exchange (BSE), the company said revenue from its IT services business would be in the range of $1,814-1,850 million ($1.83 billion average) in the quarter ending March 2015.

Though the outsourcing major gave a similar outlook ($1.83 billion) for third quarter, revenue fell short of its projection to $1,795 million due to the impact of cross currencies in a volatile forex market during the last three months.

Unlike its rival Infosys Ltd, Wipro does not give revenue guidance for the entire fiscal.

 

  

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Title: Wipro projects higher IT revenue for Q4



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