BENGALURU (Reuters) - Wipro Ltd, India's third-biggest software services exporter, reported a 2 percent rise in quarterly profit on Tuesday, beating estimates thanks to a rise in its Western clients' technology spending.
For its fourth quarter ended on March 31, Wipro's net profit rose to 22.72 billion rupees ($361.38 million), compared with 22.27 billion rupees in the same period the previous year, the company said in a statement.
Analysts, on average, had expected Wipro to report a profit of 21.8 billion rupees, according to Thomson Reuters data.
Total revenue rose to 121.4 billion rupees in the quarter, a growth of 4 percent over last year, as the company added 65 new clients.
($1 = 62.8700 rupees)
(Reporting by Aby Jose Koilparambil and Aditya Kondalmahanty; Writing by Sumeet Chatterjee; Editing by Clara Ferreira Marques)
