![Margins under pressure, IT companies moving slowly](https://market-tracker.in/wp-content/uploads/2023/04/Untitled-design-61.jpg)
Margins under pressure, IT companies moving slowly
During the months of January through March, Wipro’s net profit increased somewhat sequentially by 0.70% to Rs 3,074.5 crore, falling short of the Rs 3,129 crore Bloomberg consensus estimate. The period’s revenues, which were similarly less than the projection of Rs 23,460 crore, were down 0.16% sequentially to Rs 23,190 crore. The board of directors…