Wipro Q2 profit up 5.6% to Rs 2,189 crore, beats estimates

The company saw revenue dip by 2.5 % to Rs 13,423 crore as income from customers in the US rose marginally

Wipro, India’s third largest software exporter, said second quarter profits grew 5.6 per cent to Rs 2,189.5 crore, beating street estimates on the back of improved efficiency and growing business from customers for its digital offerings. 

However, it saw revenue dip by 2.5 per cent to Rs 13,423 crore as income from customers in the US, which contributes over half its revenue, saw a marginal increase as it saw weakness in health care and communication business segments. 

The US business grew 0.5 per cent over the previous quarter, while revenue from Europe grew 5.8 per cent and Asia Pacific at