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Image Credit: Bloomberg Quint

Wipro Shares Fall Ahead Of Q4 Earnings As Street Expects Muted Net Profit

  • Shares of Wipro fell ahead of Q4 earnings as street expects muted net profit.
  • Wipro is expected to have a net profit of Rs 3,364 crore in Q4, as per Bloomberg consensus estimates.
  • Analysts estimate the revenue to be Rs 22,684 crore, 1.6% higher than the previous quarter.
  • Key points to watch out for in the Q4 earnings include discretionary spending trends, realignment of service line, effect of global macros, and deal pipeline conversion outlook.

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