Wipro posts 8 pc Q2 growth

The now aggregated IT services business of the company remained the primary driver notching revenues of Rs 4,750 crore. In dollar terms, the IT services revenue of 1110 million was ahead of the projection of 1,089 million made at the end of the last quarter.

Year on year, Wipro8217;s revenue growth for the second quarter has been logged at 36 per cent, profits at 19 per cent and IT services revenue growth at 36 per cent.

Wipro chairman Azim Premji described the company8217;s performance as 8220;satisfying8217;8221; in the context of the 8220;deteriorating global environment8221;. 8220;The global economic environment has deteriorated significantly, and our outlook is cautious in the near term,8221; he said.