Wipro Q1 Results: Expectations vs. Reality
Tech giant Wipro Ltd. is set to announce its Q1 results today, with analysts expecting a net profit of Rs 3,249.3 crore and total income of Rs 22,078.3 crore, according to a survey of estimates done by Bloomberg. The company is expected to post an EBIT of Rs 3,783 crore, with margins likely to be at 4%. Wipro’s Q1 results will be a key indicator of its performance in the current quarter, and any deviation from expectations could impact the stock’s price.