Key Points
Wipro Q3 Results Live Updates: Wipro is expected to see a sequential drop in IT services revenue in Q3FY24, while EBIT margin is estimated to see around 40 basis points (bps) contraction on account of compensation revision and weak growth..
Premium Wipro Q3 Results Live Updates: Wipro Q3 results are expected to remain weak with a drop in IT services revenue and operating margins..
The company is expected to see a sequential drop in IT services revenue in Q3FY24, impacted by seasonal furloughs, weakness in BFSI, and Hitech verticals and weakness in consulting business..
Key things to watch out for in Wipro Q3 results today will be growth guidance, outlook on consulting business, comments on deal win to revenue conversion, and outlook on verticals and margins..
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