Wipro expects revenue to grow between 0.1 per cent and 1 per cent in Q2 ending Sep.
Britain's decision to quit the EU "could delay some discretionary spend and create some slowdown in the European financial services sector," said Chief executive officer Wipro Abidali Neemuchwala.
Jatin Dalal, Chief Financial Officer, said – “IT Services margins reflect the investments in rewarding our
employees as well as the impact of consolidation of our acquisitions for the full quarter. We continue to expandthe reach of our automation programs to harness efficiency gains.”
#wipro projects weak outlook up for Q2 pic.twitter.com/ExeJFaLNwS— Press Release Watch (@PrReleaseWatch) July 19, 2016
Britain's decision to quit the EU "could delay some discretionary spend and create some slowdown in the European financial services sector," said Chief executive officer Wipro Abidali Neemuchwala.
Wipro expects IT services revenue in July-September 2016 quarter to be between USD 1.93 billion and USD 1.95 billion.— Press Trust of India (@PTI_News) July 19, 2016
Jatin Dalal, Chief Financial Officer, said – “IT Services margins reflect the investments in rewarding our
employees as well as the impact of consolidation of our acquisitions for the full quarter. We continue to expandthe reach of our automation programs to harness efficiency gains.”
Wipro Q1 net profit dips 6.7% to Rs 2,059 cr; total income from operations rises 10.7% to Rs 13,697.6 cr for April-June 2016.— Press Trust of India (@PTI_News) July 19, 2016
