Wipro projected to report strong Q1 sales growth but margins

Wipro projected to report strong Q1 sales growth but margins may suffer


Wipro projected to report strong Q1 sales growth but margins may suffer
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Brokerage firm Kotak Institutional Equities said Wipro could guide for organic sales growth 1-3 per cent on-quarter.
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MUMBAI: IT Services company
Wipro is expected to report a strong set of numbers for the June quarter aided by several large deal wins in the previous quarter. The Bengaluru-based company is projected to report an over 9 per cent sequential rise in consolidated net sales at Rs 17,748 crore, according to an average of estimates from eight brokerages polled by ETMarkets.com.
Wipro will report its earnings for the three-month period ended June on Thursday.

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