BENGALURU (Reuters) – Wipro, India’s fourth-largest IT services provider, reported a better-than-expected rise in third-quarter revenue on Friday on the back of improved deal execution.
Revenue from operations fell 4.4% from the previous year to 222.05 billion rupees ($2.68 billion) for the three months to Dec 31, but beat analysts’ average estimate of 221.04 billion rupees, according to LSEG data.
($1 = 82.9081 Indian rupees)
(Reporting by Sai Ishwarbharath B and NR Sethuraman in Bengaluru; Editing by Dhanya Ann Thoppil)
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