Given rock-bottom expectations, Wipro’s Q2 show will be cheered
By
Neha Kumari
Blessed is he who expects nothing, for he shall never be disappointed,” said the English poet Alexander Pope.
Investors in Wipro Ltd will not only be not disappointed, they will be quite pleased with the company’s September quarter results.
While revenue growth was more or less in line with what analysts expected, at 1.1% sequentially in constant currency terms, profit margins were better than expected.