Wipro Q3: Revenue Growth Forecast 0-2%, Deal Wins Hit $871 Million

• Wipro projects constant currency revenue growth of 0% to 2% for the January-March quarter, falling short of analyst expectations.
• IT services revenue reached $2,635.4 million, a 1.2% sequential growth in constant currency, exceeding the company's own guidance.
• Revenue in rupee terms was ₹23,378 crore, slightly below CNBC-TV18's poll but up 3.3% sequentially.
• Adjusted EBIT rose to ₹4,118 crore, surpassing both previous quarter's figures and analyst predictions.
• Margins expanded by nearly 100 basis points to 17.6%, outperforming CNBC-TV18's poll of 16.5%.

Why It Matters: Wipro's Q3 results show mixed performance with lower revenue growth guidance but strong margin expansion and EBIT.