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. Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
