Comments
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.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.