IT major
Wipro projected a higher revenue guidance of $1.6 billion from its flagship global IT services business for fourth quarter (Jan-March) of this fiscal (2012-13) as per the International Financial Reporting Standard (IFRS).
The IT bellwether said revenue from its IT services business would be in the range of $1,585-1,625 million ($1.6 billion) as against $1,577 million ($1.57 billion) posted in third quarter (Oct-Dec) of this fiscal (FY2013).
Unlike its rival Infosys Ltd, Wipro does not give revenue guidance for the entire fiscal.
Wipro reported a
jump of 18 per cent in consolidated net profit to Rs 1,716.4 crore for the third quarter ended December 31, 2012. The company had posted a net profit of Rs 1,456.4 crore in the year-ago period, it said in a filing to the BSE.
Consolidated total income of the IT major was up by 10 per cent to Rs 10,989.1 crore for the October-December quarter in the current fiscal against Rs 9,965.1 crore in the same period of 2011-12 fiscal.
The IT services revenue, which accounted for 78 per cent of its revenues, stood at $1.577 billion in the reported quarter, up 4.8 per cent year-on-year and 2.4 per cent compared to July-September 2012 quarter. In rupee terms, it stood at Rs 8,602 crore.
With IANS inputs 
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