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India's Wipro beats second-quarter revenue expectations

India's Wipro beats second-quarter revenue expectations

- Wipro WIPR.NS, India's fourth-largest IT company, reported higher-than-expected second-quarter revenue on Thursday, helped by a revival in spending by its European clients and artificial intelligence unlocking new revenue streams.

The company's consolidated revenue rose 9.1% to 247.53 billion rupees ($2.60 billion) in the July-September quarter, surpassing analysts average estimate of 246.27 billion rupees, as per LSEG data.

($1 = 95.0550 Indian rupees)


(Reporting by Sai Ishwarbharath B; Editing by Jochelle Mendonca)

((saiishwarbharath.b@thomsonreuters.com;))

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