UPDATE 3-Wipro Q3 beats street, confirms outsourcing revival

miércoles 20 de enero de 2010 10:44 CET
 

* Q3 net up 19 pct at 12.03 bln rupees vs f'cast 11.59 bln

* IT services revenue to rise 3.6-5.4 pct in March qtr

* CFO: deal pipeline good; pricing to be stable or higher

* Increased headcount by 5 pct to 102,746 at end Dec

* Shares rise to highest in a decade, before retreating (Adds comments from executive, analyst)

By Sumeet Chatterjee

BANGALORE, Jan 20 (Reuters) - Indian outsourcing firm Wipro Ltd (WIPR.BO: Cotización) underscored the sector's recovery with an upbeat outlook and forecast-beating quarterly profit, as a global recovery boosts demand from key financial clients.

India's No. 3 software services exporter followed bigger rivals Tata Consultancy Services (TCS.BO: Cotización) and Infosys Technologies (INFY.BO: Cotización) in reporting a pick up, boosting investor confidence of a solid recovery from the global financial crisis.

Wipro added 4,855 employees, or about 5 percent, during the December quarter, its biggest pace of staff addition in more than two years.   Continuación...