Wipro Revenue Dips, HCLTech Profit Beats Estimates — Earnings Wrap

Revenue growth at Wipro Ltd. faltered yet again in the October-December quarter but met its own guidance. Profit, however, rose.India’s fourth largest IT services firm saw a revenue decline of 1.39% over the previous three months to Rs 22,205.1 crore in the quarter ended Dec. 31.HCL Technologies Ltd. grew when its larger peers faltered in the October-December quarter, as blockbuster dealmaking over the past few months paid off.

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