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Wednesday, April 25, 2012, 09:33:00 (IST)
 
NEWS FLASH

Wipro shares fall 7%, profit guidance disappoints


Wipro, India's third largest IT services company, has reported a fall in consolidated sales for the fourth quarter. However, profits met Street estimates.

Sequentially, sales declined 1.6 per cent to Rs 9,836.3 crore against Rs 9,999 crore while profit after tax rose 1.7 per cent to Rs 1,480.9 crore against Rs 1,456.4 crore (QoQ).
 

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