Wipro Reports Declined Revenue In June Quarter, Profit At Rs 2,563 Crore

Wipro, an IT-major company reported a dip of revenue in its June quarter profit at Rs 2,563 crore, at 20.9%.  As per sources, for the quarter revenue rose to 17.9% , Rs 21,528.6 crore. Its operating margin in IT services segment decreased by 200 bps QoQ to 15%. With this, the consolidated total revenue of the Bengaluru-based Wipro is 15.51%. Furthermore, in terms of dollars, revenue is $2.7 billion.