Wipro Q2 profit up 5.5% but Q3 guidance disappoints:

Wipro Q2 profit increased 5.5 percent to Rs 2,191.7 Cr from Rs 2,076.5 Cr but revenue fell 1.4 percent to Rs 13,468.7 Cr from Rs 13,661.4 Cr on sequential basis. Dollar revenue growth was at 2.1 percent, against 2.4 percent estimated by analysts.

Constant currency growth stood at 0.3%.Wipro expects 0-2 percent dollar revenue growth for the quarter ended December 2017.