Business Standard

Wednesday, December 25, 2024 | 08:48 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Wipro projects higher IT revenue for Q4

Image

IANS Bengaluru

Global software major Wipro Ltd Friday projected higher revenue from its IT services business in the fourth quarter of fiscal 2014-15.

In a regulatory filing to the Bombay Stock Exchange (BSE), the company said revenue from its IT services business would be in the range of $1,814-1,850 million ($1.83 billion average) in the quarter ending March 2015.

Though the outsourcing major gave a similar outlook ($1.83 billion) for third quarter, revenue fell short of its projection to $1,795 million due to the impact of cross currencies in a volatile forex market during the last three months.

Unlike its rival Infosys Ltd, Wipro does not give revenue guidance for the entire fiscal.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 16 2015 | 7:32 PM IST

Explore News