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India’s Wipro posts dip in Q4 profit
Indian IT Services Provider Wipro Reports Dip in Quarterly Profit Amid Turbulent Economic Environment
Wipro Ltd, based in Bengaluru, has reported a 0.4% decrease in net profit for the quarter ending March 31. The dip in profit is attributed to the turbulent macro-economic environment. However, the company has approved a share buyback.
Reporting by Nallur Sethuraman in Bengaluru; Editing by Nivedita Bhattacharjee
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