Wipro, one of the leading software exporters, witnessed a fall in share price on Friday after it reported a rise of 4% in consolidated net profit to Rs 21.88 billion for the quarter ended Jun. 30, 2015 compared to Rs 21.03 billion in the same period last year.

Consolidated revenues for the current quarter stood at Rs 123.71 billion, up 10% from Rs 112.45 billion in June 2014 quarter.

For second quarter of FY16, the company expects revenues from IT services business to be in the range of USD 1,821 million to USD 1,857 million.

Shares of Wipro are trading at Rs 579, down Rs 9.4, or 1.60% at the Bombay Stock Exchange (BSE) on Friday at 9:35 a.m.

Total volume of shares traded on the bourses today was lower by 80.52% to 332,017 compared with 22-day average volume of 1,704,262.