The Bengaluru-based company reported a net profit of 23.88 billion rupees ($347.1 million) for the three months ended June 30, compared with 21.21 billion rupees a year ago.
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India's No. 3 software exporter Wipro Ltd. reported a 12.6 per cent jump in first-quarter profit on Wednesday, boosted by robust demand from its key financial clients.
Analysts on average expected a profit of 23.24 billion rupees.
Revenue rose 5.3% to 147.16 billion rupees.