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Wipro expects margins to recover

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CIOL Bureau
New Update

BANGALORE, INDIA: Wipro Ltd expects operating margins to improve in the next two quarters and the No. 3 Indian software exporter is seeing stable prices for its services, its chief financial officer said on Friday.

The company sees currency volatility impact on its earnings to moderate in the current quarter, Suresh Senapaty told reporters, after Wipro missed forecasts with a 10 percent rise in the Sept. quarter net profit.

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