Wipro Q2 results expected to be in line with forecast: Analysts

Wipro will announce its Q2 results on Tuesday

Wipro, the country’s third-largest IT services company, is likely to achieve moderate growth for the July-September quarter (Q2) with revenue numbers remaining in line with its guidance. 

The Bengaluru-headquartered company will announce its Q2 results on Tuesday. 

Wipro’s IT services revenue growth should largely remain within the band of 0.5-1.5 per cent in constant currency terms, said analysts. Four brokerage firms — ICICI Securities, Prabhudas Lilladher, Edelweiss, IDBI Capital — have forecast that the company’s growth in constant currency terms will vary between 0.5 to 1.5 per cent, while it might see a tad better numbers in US dollar terms