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Wipro Q2 profit to grow 1.8% sequentially: Angel Broking
Source: IRIS | 21 Oct, 2015, 09.19AM
Rating: NAN / 5 stars.
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Wipro, one of the leading software exporters, will be announcing its second quarter financial results today, Oct. 21, 2015.

Angel Broking expects the company to post a 1.8% seqential growth to end the period at USD 1.83 billion compared with USD 1.79 billion in 4QFY2015.

Angel Broking said that, ''In rupee terms, the company is expected to post a 3.8% sequential growth of Rs 127.03 billion compared with Rs 122.38 billion in 4QFY2015.'

'On the EBIDTA front, the margins are likely to come in at 21.3% almost same as the last year,'' it added.

Shares of the company declined Rs 5.35, or 0.93%, to settle at Rs 571.95. The total volume of shares traded was 62,740 at the BSE (Tuesday).

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