India's Wipro beats second — quarter revenue expectations

BENGALURU, Oct 15 (Reuters) — Wipro, India's fourth-largest IT company, reported higher-than-expected second-quarter revenue on Thursday, helped by a revival in spending by its European clients and artificial intelligence unlocking new revenue streams. The company's consolidated revenue rose 9.1% to 247.53 billion rupees ($2.60 billion) in the July-September quarter, surpassing analysts average estimate of 246.27 billion rupees, as per LSEG data. ($1 = 95.0550 Indian rupees) (Reporting by Sai Ishwarbharath B; Editing by Jochelle Mendonca) ((mailto:saiishwarbharath.b@thomsonreuters.com;)