Infosys seen to report strong growth; Wipro’s revenue may stay flat
Infosys is expected to report the strongest sequential revenue growth among the top IT companies for the quarter ended September on the back of ramp up in some large and mega projects, while Wipro is likely to see stable to flat growth, according to the earnings preview by various brokerages.
Infosys’ revenue is expected to grow by 4% quarter-on-quarter to Rs 40,919.5 crore, according to an average estimate of six brokerage houses. Meanwhile, Wipro is seen to report a 1% sequential increase in its topline to Rs 22,174.2 crore.