Q3 results today: Wipro, Jio Financial among 36 companies to announce earnings on Friday
Wipro, Jio Financial, Tech Mahindra and SBI Life.
Apart from the above, companies like Indian Hotels, ICICI Lombard, Ramkrishna Forgings, Supreme Petrochem, Aether Industries, Ganesh Housing, Rallis India, Sterlite Technologies and a few others will also declare their quarter results.
Wipro Q3 expectations
Wipro is likely to have a subdued third quarter with constant currency revenue expected to be declining and may well be the weakest among the peers.
Estimates for the revenue growth for the October-December 2024 period seem to be varied, but an average of 7 brokerages indicates that the same will grow at 0.6% year-on-year (YoY). Some not so optimistic analysts among the seven have predicted a degrowth of 0.2%.
Net profit for the same period is seen rising 12% YoY, according to an average estimate of these 7 brokers.
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