Wipro Q3 preview: Net profit may rise up to 10% YoY; Q4FY21 guidance eyed

Wipro Q3 preview: Following hopes of a solid earnings performance by most IT companies in an otherwise weak quarter, analysts expect Wipro to post decent revenue growth, minimum-to-no impact on EBIT (earnings before interest and tax) margins and a 5-10 per cent year-on-year (YoY) jump in its net profit for the October-December quarter (Q3FY21).

India’s third-largest IT company, in terms of workforce, is slated to post its Q3 results on Wednesday, January 12. Deal wins and pipeline commentary, updates on new strategy, outlook on healthcare and energy verticals, margin trajectory, payout trends and attrition rates are some of the key things that investors would watch out for. Besides, strategic commentary by the new CEO, Thierry Delaporte, and guidance for Q4FY21 would also be of key interest.