Wipro projects $1.2 billion IT revenue in first quarter
April 23rd, 2010 - 11:43 am ICT by IANSBangalore, April 23 (IANS) Wipro Ltd projected an average revenue guidance of $1.2 billion from its global IT services for the first quarter (April-June) of fiscal 2010-11.
In a regulatory filing Friday, the IT bellwether said with the business environment returning to normal, revenue from IT services would be in the range of $1,190-$1,215 million for the first quarter of FY 2011.
The higher guidance is based on buoyant growth in the fourth quarter (January-March) of fiscal 2009-10, when IT revenue was $1.17 billion as projected, registering a growth of 11.5 percent year-on-year (YoY) and 3.5 percent sequentially (quarter-on-quarter).
- Wipro outlook cautious on flat growth (Lead) - Apr 25, 2012
- Infosys lowers guidance for fiscal 2013 (Lead) - Apr 13, 2012
- Wipro projects flat revenue from IT in first quarter - Apr 27, 2011
- Infosys beats guidance but stock dips on muted earnings - Jul 12, 2011
- Wipro forecasts flat IT growth in fourth quarter - Jan 20, 2012
- Infosys projects 21 percent revenue growth - Apr 13, 2012
- Wipro projects marginal growth in second quarter - Jul 20, 2011
- Infosys ups revenue guidance marginally for this fiscal - Jul 12, 2011
- Infosys ups fiscal guidance on robust growth - Jan 12, 2012
- Wipro net up for quarter, fiscal; sees flat IT growth (Lead) - Apr 27, 2011
- Infosys beats guidance, revises outlook again - Oct 12, 2011
- Wipro sees higher IT revenue in Q3 on strong growth - Oct 22, 2010
- Infosys bets on double-digit growth again; beats guidance (Lead) - Apr 15, 2011
- Wipro projects higher IT revenue on strong growth (Lead) - Apr 23, 2010
- Wipro admits to performing lower than industry peers (Second Lead) - Oct 22, 2010
Tags: bellwether, buoyant growth, business environment, first quarter, fourth quarter, revenue guidance, wipro ltd, yoy