India’s Wipro posts dip in Q4 profit

FAN Editor 2 years ago

BENGALURU (Reuters) – Indian IT services provider Wipro Ltd on Thursday reported a dip in quarterly profit amid a turbulent macro-economic environment, while the company approved a share buyback.

The Bengaluru-based company’s net profit fell 0.4% to 30.75 billion rupees for the quarter ended March 31.

(Reporting by Nallur Sethuraman in Bengaluru; Editing by Nivedita Bhattacharjee)

tagreuters.com2023binary_LYNXMPEJ3Q0FF-BASEIMAGE

Free America Network Articles

Leave a Reply

Next Post

Mobileye lowers annual revenue forecast

Thu Apr 27 , 2023
(Reuters) – Mobileye Global Inc on Thursday lowered its forecast for annual revenue, hurt by increasing competition from start-ups as well as automakers developing their own driver-assistance products. Shares of the Jerusalem, Israel-based company fell 13% in trading before the bell. The autonomous driving technology company now expects revenue to […]

You May Like