BENGALURU/MUMBAI (Reuters) – Wipro, India’s fourth-largest IT services company, reported higher-than-expected third-quarter revenue on Friday, helped by positive momentum in its banking, financial services, and insurance (BFSI) vertical and in the Americas geography.
Consolidated revenue for the three months to December-end was up 0.5% to 223.19 billion rupees ($2.58 billion), against analysts’ average estimate of 222.28 billion rupees, as per data compiled by LSEG.
($1 = 86.5770 Indian rupees)
(Reporting by Haripriya Suresh in Mumbai and Sai Ishwarbharath B in Bengaluru; Editing by Mrigank Dhaniwala)
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