Wipro Fiscal Q3 Earnings Fall, Revenue Rises; Shares Down Pre-Bell

MT Newswires Live

01/16

Wipro (WIT) reported fiscal Q3 earnings Friday of 2.97 Indian rupees ($0.03) per diluted share, down from 3.20 rupees a year earlier.

Analysts polled by FactSet expected 3.22 rupees.

Revenue for the quarter ended Dec. 31 was 235.56 billion rupees, up from 223.19 billion rupees a year earlier.

Analysts polled by FactSet expected 235.45 billion rupees.

The company's shares were down 1.7% in recent premarket activity.

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