KRChoksey has come out with its fourth quarter (January-March’ 21) earnings estimates for the IT sector. The brokerage house expects Wipro to report net profit at Rs 2,509.9 crore up 1.8% quarter-on-quarter (up 2.2% year-on-year).
Net Sales are expected to increase by 2.5 percent Q-o-Q to Rs 15,477.7 crore, according to KRChoksey.
Earnings before interest and tax (EBIT) are likely to fall by 1.4 percent Q-o-Q (up 3.4 percent Y-o-Y) to Rs 2,739.5 crore.
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