Wipro Q4 revenue falls 4.2% amid challenging environment
India-based IT services giant Wipro Ltd. reported revenue fell by 4.2% year over year in its fiscal fourth quarter.
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India-based IT services giant Wipro Ltd. reported revenue fell by 4.2% year over year in its fiscal fourth quarter.
Wipro Q4 Results Preview: The company is projected to see its consolidated revenue remain stagnant compared to the previous quarter and decrease by 4.3% year-on-year (YoY) to Rs 22,185 crore, based on the average estimates provided by 10 brokerage firms.
Fourth-quarter revenue rose at Tata Consultancy Services, but employee headcount declined. Media reports also say the company was sued by a US worker claiming bias.
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