Wipro projects $1.05 Billion from IT services in Q4

Wednesday, 21 January 2009, 18:21 IST
Printer Print Email Email
Bangalore: Wipro Wednesday projected $1.05 billion (51.73 billion) revenue from its global IT services for the fourth quarter (January-March) of this fiscal (2008-09). In regulatory filing to the stock exchanges, the IT bellwether said the outlook for this quarter (Q4) was based on revenue from its IT services in the third quarter (October-December) of this fiscal at $1.13 billion under the American accounting system (US GAAP). The IT revenue is marginally higher from the outlook of $1.2 billion given at the beginning of the third quarter in October 2008. Unlike its rival Infosys, Wipro does not give guidance for the entire fiscal or for its non-IT businesses
Source: IANS