Wipro Q2 Results, Oct. 16 -- India's fourth-largest IT services firm, Wipro, announced its financial performance for the September quarter post market hours today, reporting numbers in line with estimates.

The IT major reported revenue of Rs.22,697 crore, coming in slightly above analysts' consensus estimate of Rs.22,577 crore, marking a 1.8% year-on-year (YoY) improvement from Rs.22,302 crore reported in the same period last year. Sequentially, revenue also improved by 2.53%.

Revenue growth was supported by stability in the European business and the ramp-up of a few large deals.

"Our revenue momentum is strengthening, with Europe and APMEA returning to growth, and our operating margins holding steady within the narrow band," Wipro CEO...