Wipro Ltd, India's third-largest software services exporter, has reported a 5.6 per cent fall in third-quarter consolidated net profit as employee costs and technical fees rose.

Profits fell to Rs 2,109 crore ($309.56 million) for the three months to December 31, the company said in a statement on Wednesday.

That topped the Rs 2,087 crore expected by analysts, Thomson Reuters data showed.

Revenues rose 6.3 per cent to Rs 13,765 crore.

The company shares ended the session down by 1.59 per cent at Rs 473.45 on the BSE.

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