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Bloomberg Quint

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Image Credit: Bloomberg Quint

Wipro Q4 Preview: Profit, Revenue Growth Likely To Be Muted; Margins Expected Flat

  • Wipro is set to announce its fourth quarter results on Wednesday, nearly a week after domestic rival TCS.
  • Wipro's net profit is expected to have grown fractionally, while a 2% uptick in revenue is anticipated.
  • Analysts expect Wipro's IT services margins to remain flat and provide a revenue growth guidance of -1% to +1% for the next quarter.
  • Key points to watch are discretionary spending trends, realignment of service line, global macros impact, and deal pipeline conversion outlook.

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