Wipro and Tech Mahindra shares rise ahead of June-quarter results; Street eyes 12–14% sales growth at Wipro
India’s IT services firms Wipro and Tech Mahindra are set to report their fiscal 2025 first-quarter results for the June-ended period. The market expects Wipro’s revenue to rise 12–14% year on year while profit is seen largely flat, while Tech Mahindra’s profit is projected to jump 39–40% on 15–16% revenue growth. In pre-earnings trade, the two stocks were up 1.58% and 1.68%, respectively. Brokerages have also shared detailed forecasts spanning revenue, profit, margins and deal wins.