Profit Falls 3%; Meets Estimates

Wipro Ltd.’s profit for July-September period declined 3% to Rs 3,246.20 crore, with profit meeting estimates.

Revenue of the largest IT services firm rose 2.5% over previous quarter to Rs 22,697.30 crore in the three months ended September, according to an exchange filing on Thursday. That compares with the Rs 22,680-crore consensus estimate of analysts tracked by Bloomberg.