Software services provider Wipro is set to declare its fourth quarter numbers on Wednesday. Market expectations are that the company reports a growth of just 1% QoQ in its consolidated profit after tax of Rs 1,471 crore for the fourth quarter of FY12.
Earnings before interest and tax (EBIT) is expected to be at Rs 1,695 crore versus Rs 1,723.9 crore and EBIT margin is seen falling at 16.7% versus 17.5% during the same period.
Consolidated revenues are likely to grow by 2.7% to Rs 10,157 crore from Rs 9,880.8 crore quarter-on-quarter.
Q4 IT services
Revenues are seen going up by 2.5% to USD 1543 million from USD 1505.5 million. (Company forecasted 1-3% growth at USD 1,520-1550 million)
Revenues are likely to go up by 1.2% QoQ to Rs 7,700 crore and EBIT is expected to be at Rs 1,590 crore versus Rs 1,582.8 crore.
FY12 - IT services
Revenues (in terms of dollar) are seen going up by 13.5% at USD 5928.5 million in FY12 versus USD 5220.7 million in FY11.
In terms of rupee, revenues are expected to go up by 21.5% YoY to Rs 28,541.7 crore.
EBIT is seen going up to Rs 5,943.6 crore from Rs 5,341 crore and EBIT margin is seen improving at 20.8% versus 22.7%.