Wipro Q1 preview: PAT may jump 14-19% YoY; eyes on EBIT margin, guidance

Wipro Q1 preview: Nomura expects Q1 PAT to come in at Rs 2,732.1 crore, up 14.3 per cent YoY

Wipro Q1 preview: Information technology (IT) major Wipro's net profit could jump 14-19 per cent year-on-year (YoY) during the quarter ended June 2021 (Q1FY22) on 17-19 per cent growth in topline. The revenue growth would be led by organic growth in the IT services business and the acquisition of Capco, analysts said. A contraction in EBIT (earnings before interest and tax) margins sequentially is a given amid wage hike and dilution from Capco acquisition, which in turn would drive PAT (profit after tax) lower on a quarter-on-quarter (QoQ) basis, they said.

"Deal announcements have been soft and outlook from here