Kotak Securities has come out with its second quarter (July-September) earnings estimates for the information & technology sector. The brokerage house expects Wipro to report a 18.4 percent growth quarter-on-quarter (growth of 18.8 percent year-on-year) in net profit at Rs 1,921.6 crore.
Revenues of Wipro are expected to increase by 13.9 percent Q-o-Q (growth of 4 percent year-on-year) to Rs 9,734.6 crore, according to Kotak Securities.
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