Wipro , India's fourth-largest software company, posted higher-than-expected second-quarter revenue on Thursday, helped by a revival in spending by its clients in the U.S. communications sector.

IT firm Wipro Ltd. on Thursday posted a 6.2% sequential rise in its net profit to Rs 3,227 crore in the quarter ended Sept. 30, 2024, which is higher than the consensus estimate of Rs 3,009 crore shared by analysts tracked by Bloomberg.

Infosys and Wipro delivered better than expected sequential growth in dollar denominated revenue for the September quarter. All four top IT exporters reported sequential growth in reported dollar denominated revenue for the September quarter after a gap of six quarters.

(Reuters) -Indian software services providers Infosys and Wipro topped quarterly revenue estimates as their mainstay financial industry clients boosted spending. After over a year of curtailed spending due to economic uncertainty and high borrowing costs,

Infosys, India's No.2 IT services exporter, beat second-quarter revenue estimates on Thursday, helped by a recovery in demand from its key financial industry clients. The company's consolidated revenue stood at 409.

Indian software services giants Infosys and Wipro have surpassed quarterly revenue expectations, buoyed by a resurgence in spending from their primary clients in the financial sector. After more than a year of restrained spending amid economic uncertainties and elevated borrowing costs,