India's Wipro beats Q4 revenue estimates

Wipro, India's fourth-largest software company, posted a bigger-than-expected fourth-quarter revenue on Friday, aided by firmer profit margins and a recovery in its consulting business.The company's consolidated revenue decreased 4.2% to 222.08 billion rupees ($2.66 billion) in the January-March quarter, but beat analysts' expectation of 221.51 billion rupees, as per LSEG data.

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