08:29 AM EDT, 07/19/2024 (MT Newswires) -- Wipro ( WIT ) reported fiscal Q1 earnings Friday of 5.73 Indian rupees ($0.07) per diluted share, up from 5.12 rupees a year earlier.

Analysts polled by Capital IQ expected 5.69 rupees.

Revenue for the quarter ended June 30 was 219.64 billion rupees, down from 228.31 billion rupees a year earlier.

Analysts surveyed by Capital IQ expected 223.19 billion rupees.

Shares of the IT services company were down 6.7% in recent Friday premarket activity.

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