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Wipro ups revenue guidance for fourth quarter

Wipro Ltd has projected a higher revenue guidance of USD 1.6 billion from its flagship global IT services business for fourth quarter (Jan-March) of this fiscal (2012-13).

Bangalore: Wipro Ltd has projected a higher revenue guidance of USD 1.6 billion from its flagship global IT services business for fourth quarter (Jan-March) of this fiscal (2012-13) as per the International Financial Reporting Standard (IFRS).

In a regulatory filing Friday, the IT bellwether said revenue from its IT services business would be in the range of USD 1,585-1,625 million ( USD 1.6 billion) as against USD 1,577 million (USD 1.57 billion) posted in third quarter (Oct-Dec) of this fiscal (FY 2013).

Unlike its rival Infosys Ltd, Wipro does not give revenue guidance for the entire fiscal.

IANS