Wipro Q1 net up 3%; guides for $1.62-1.65b Q2 rev - TopicsExpress

Wipro Q1 net up 3%; guides for $1.62-1.65b Q2 rev growth.... ======================================== The Bangalore-based company said wage hikes effective June impacted its operating margins in Q1. It is confident of the year ahead and said it is seeing higher confidence among clients and a pickup in large deal closures. The company had demerged its FMCG and lighting operations into a seperate company and the results now only include earnings from IT services and IT products segments.

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