Wipro Q4FY19 preview: Analysts see dip in margins; modest rise in PAT

Wipro will deliver its March 2018 quarter earnings on Tuesday. Analysts expect the company to report 1-1.5 per cent quarter-on-quarter (QoQ) growth in revenues in constant currency (CC) terms, in line with the company’s 0-2 per cent guidance for the quarter.

Since the past six months (October 2018 onwards till date), Wipro has outperformed the markets by rallying 16.6 per cent as compared to 6.5 per cent rise in the Nifty50 and 0.5 per cent gain in the Nifty IT index, ACE Equity data show. Only NIIT Technologies with a gain over 18.3 per cent has performed better than Wipro among the Nifty IT index constituents during this period.