Wipro likely to post 0.8-1.4% constant currency revenue growth

| Updated on: Jan 19, 2018
image caption

Wipro is expected to post constant currency revenue growth in the range of 0.8-1.4 per cent on a quarterly basis. For India's third largest software exporter, this growth could be somewhere in the middle of the 0-2 per cent guidance that the company had provided in the September-ended quarter.

Further, EBIT margin is expected to be flat on a quarterly basis, mainly offset by a combination of low revenue growth due to holidays and furloughs in the US and better operational efficiencies. Wipro will be reporting its third quarter results after market hours today.

What to watch out for?

Digital business and the way its new initiatives are panning out.

Whether Wipro guides for a higher revenue growth range in the fourth quarter.

Management commentary on catching up with IT industry growth.

Published on January 19, 2018

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like

Recommended for you