Wipro fourth-quarter profit falls 20 percent

(Reuters) - Wipro Ltd, India's third-biggest software services exporter by revenue, reported a 20.3 percent fall in fourth-quarter net profit, missing analyst estimates.

Net profit fell to 18.03 billion rupees ($269.99 million) in the three months ended March 31, from 22.61 billion rupees a year earlier, Wipro said https://www.bseindia.com/xml-data/corpfiling/AttachLive/f38582c1-deef-4e4a-ab91-0a35fe61ffc9.pdf on Wednesday.

Analysts on average expected the company to make a profit of 21.32 billion rupees, according to Thomson Reuters data.

Revenue from operations fell 1.6 percent to 137.69 billion rupees.

($1 = 66.7800 Indian rupees)

(Reporting by Tanvi Mehta and Jessica Kuruthukulangara in Bengaluru, editing by Louies Heavens)