Wipro projects $1.33 bn from IT business in Q3

Bangalore, Oct 22 (IANS) Wipro Ltd Friday projected $1.33 billion from its global IT services business in the third quarter (October-December) of fiscal 2010-11.

In a regulatory filing, the IT bellwether said Q3 guidance would be in the range of $1.32-1.34 billion, which is $65 million higher than its projection of $1.25-1.28 billion for the second quarter.

Revenue from IT services in second quarter was $1.27 billion in line with the guidance given in the beginning of the quarter (July).

Unlike rival Infosys Technologies, Wipro does not give annual guidance for its other business divisions.

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