Ebit margin drop, BFSI boost: Analysts' expectation from Wipro's Q4 nos

Wipro shares, so far for the year, have risen 8.5 per cent as against a gain of 3.7 per cent in the NSE Nifty index during the same duration

Amid expectations of a strong performance by the information technology (IT) services sector in the fourth quarter of the financial year 2020-2021 (Q4FY21), analysts expect Wipro to post steady growth, driven by a ramp-up in deals and continued momentum in Consumer, Technology and Healthcare verticals. However, margins are likely to contract sequentially largely due to wage inflation.

Most brokerages expect Wipro's net profit to rise between 23-30 per cent year-on-year (YoY) but the figure could contract on a quarter-on-quarter (QoQ) basis. Meanwhile, revenue growth is seen in the range of 1-2 per cent yearly. The company is slated