Wipro Q2 profit slips 1.4%; large deals plunge 59%

Wipro, an Indian IT company, reported a 1.4% decline in its second-quarter profit. This drop is largely due to a significant decrease in large deals, which plunged by 59%. The decline in profit and large deals is a concern for investors, as it may indicate a slowdown in Wipro's growth. This could have a negative impact on the Indian IT sector, which is a significant contributor to the country's economy.

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Wipro's Q2 profit slipped 1. 4% and large deals plunged 59%.

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