July 17, 2019 / 10:16 AM / 2 months ago

India's Wipro June-quarter profit rises 13%

BENGALURU, July 17 (Reuters) - India’s No. 3 software exporter Wipro Ltd reported a 12.6% jump in first-quarter profit on Wednesday, boosted by robust demand from its key financial clients.

The Bengaluru-based company reported a net profit of 23.88 billion rupees ($347.1 million) for the three months ended June 30, compared with 21.21 billion rupees a year ago.

Analysts on average expected a profit of 23.24 billion rupees.

Revenue rose 5.3% to 147.16 billion rupees. ($1 = 68.7990 Indian rupees) (Reporting by Derek Francis in Bengaluru; editing by Gopakumar Warrier)

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