Wipro rides on Americas biz to top Q1 estimates
By
Binu Mathew
India’s fourth-largest IT firm, Wipro, managed to beat both revenue and profit estimates in Q1, even as it continues to flag demand uncertainty due to geopolitical uncertainties and tariff-related headwinds. The company posted consolidated revenue of Rs 22,134 crore in Q1, down 1.6% sequentially, but higher than Bloomberg estimates of Rs 22,078 crore.
