Shares of Wipro gained ~2% on the NSE in the morning trade as the IT company reported Q2FY19 numbers after-market hours. The company’s PAT declined by 10.9% qoq to Rs1,889cr against median consensus estimate of Rs2,112cr. Adjusting for the higher other operating income in the base quarter arising from the sale of hosted data centre business, the qoq decline in PAT was 3.2%.
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