Wipro projects $1.05 billion from IT services in Q4
By IANSTuesday, January 20, 2009
BANGALORE - Wipro Ltd Wednesday projected $1.05 billion (Rs.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.
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