Wipro Q2 Preview: Analysts see up to 15% YoY rise in revenue; margins likely to remain under pressure
By
Biju Kumar
New Delhi: IT major Wipro NSE -0.02 % is expected to post a muted show for the September 2022 quarter, according to analysts when it announces its earnings on Wednesday.
The bluechip IT firm is expected to report a 3-5% rise in the quarterly revenue, with some contraction in the margins on a year-on-year (YoY) basis, thus denting the profitability. The bottom line is likely to remain flat for the IT exporter, said analysts.