April 25, 2017 / 11:01 AM / 3 months ago

India's Wipro quarterly profit rises marginally, beats estimates

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MUMBAI, April 25 (Reuters) - Wipro Ltd, India's third-biggest software services exporter, reported a 0.43 percent rise in quarterly profit.

Consolidated net profit rose to 22.67 billion rupees ($352.8 million) in the three months to March 31, from 22.57 billion rupees in the year-ago period.

Analysts had, on average, expected a consolidated profit of 21.19 billion rupees, according to Thomson Reuters data.

Revenue for the quarter rose 5 percent to 150.34 billion rupees. ($1 = 64.2650 Indian rupees) (Reporting by Sankalp Phartiyal; Editing by Keith Weir)

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