Wipro (WIT): FQ1 net income +19% to 15.8B rupees, largely in-line with consensus of 16B. Net...


Wipro (WIT): FQ1 net income +19% to 15.8B rupees, largely in-line with consensus of 16B. Net sales +24% to 106.2B rupees vs. 105.9B consensus. Sales at the IT services business were $1.54B; for FQ2, company expects unit sales to range from $1.52B-1.55B. That weak guidance pushes shares down 2.8% in Indian trading. (PR)
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