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Wipro Posts Rs 2,121 Crore Profit In Q1, Beats Analysts' Estimates
Wipro net profit rises 2% in April-June period Revenue from IT services increases about 5% Pick-up in spending in developed markets, says CEO Abidali Z Neemuchwala
21 Jul 2018, 04:06 PM IST 
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Wipro shares finished with a loss of 1.5% on the NSE and 0.8% on the BSE.
Country's third-largest software services exporter Wipro Ltd reported a two per cent rise in first-quarter net profit on Friday, beating estimates, helped by higher revenue from its Banking, Financial Services and Insurance business (BFSI). Net profit for the three months to June 30 rose to Rs 2,121 crore ($307.55 million) from Rs 2,077 crore a year earlier, the Bengaluru-headquartered said in a statement on Friday.
