India's third largest software exporter, Wipro Ltd. has declared its first quarter Q1 results today, with a decline of 2.9% in its net profit to Rs.1,335 crore versus Rs.1,375 crore in the previous quarter (QoQ basis). It was also found that EBIT margins for the company were at 21.96% for the first quarter. Consolidated revenues jumped by 3% to Rs.8,564 crore from Rs.8,302.4 crore for the ... [Continue Reading]