Wipro Q1 revenue misses analyst estimates, co raises outlook

Bengaluru: IT services major Wipro missed analyst estimates as its revenue fell 3.8 per cent on a year-on-year basis in the first quarter (Q1) of the current fiscal year, clocking a consolidated turnover of Rs 21,964 crore. However, net profit saw an uptick of 4.6 per cent at little over Rs 3,000 crore on an annual basis, beating D-Street expectations.