Wipro expects IT Services business revenue of $2,046-$2,087 million in Q1FY20
Date: 18-04-2019Wipro is expecting revenue from its IT Services business to be in the range of $2,046 million to $2,087 million for the quarter ending June 30, 2019. This translates to a sequential growth of -1.0% to 1.0% excluding the impact of the divestment of its Workday and Cornerstone on Demand business which was concluded in the quarter ended March 31, 2019.
Outlook is based on the following exchange rates: GBP/USD at 1.32, Euro/USD at 1.14, AUD/USD at 0.71, USD/INR at 70.16 and USD/CAD at 1.33.
Wipro is a leading global information technology, consulting and business process services. The company harnesses the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help clients adapt to the digital world and make them successful.