At 4.9%, its organic sequential constant currency revenue growth exceeded the management’s guidance of 2-4%. Inorganic sequential constant currency revenue growth at 12% was the highest in the past 38 quarters. Wipro’s revenue got a boost from the recently acquired entity Capco with revenues of $153 million for two months of the quarter. For FY22, Wipro is confident of delivering a double-digit organic revenue growth. They said Wipro’s valuations imply around 13.5% revenue CAGR over FY21-31 at 18% Ebit margin, which appear demanding.

Source: Mint July 18, 2021 16:30 UTC