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Wipro Q3 preview: Net profit may rise up to 10% YoY; Q4FY21 guidance eyed

Prabhudas Lilladher sees Wipro's guidance for the fourth quarter of FY21 to be in the range of 2-4 per cent

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Shares of Wipro have rallied 23.18 per cent for the three months ending December 2020

Saloni Goel New Delhi
Wipro Q3 preview: Following hopes of a solid earnings performance by most IT companies in an otherwise weak quarter, analysts expect Wipro to post decent revenue growth, minimum-to-no impact on EBIT (earnings before interest and tax) margins and a 5-10 per cent year-on-year (YoY) jump in its net profit for the October-December quarter (Q3FY21).

India's third-largest IT company, in terms of workforce, is slated to post its Q3 results on Wednesday, January 12. Deal wins and pipeline commentary, updates on new strategy, outlook on healthcare and energy verticals, margin trajectory, payout trends and attrition rates are some of the key