Wipro shares fall after muted sales forecast

Last Updated: Tue, Jul 24, 2012 05:50 hrs

MUMBAI (Reuters) - Wipro Ltd shares fell 1 percent on Tuesday after India's no. 3 software services exporter forecast subdued IT services sales for the current quarter.

Wipro said earlier consolidated net profit rose to 15.80 billion rupees for the fiscal first quarter ended June 30 from 13.35 billion rupees a year earlier, meeting forecasts.

(Reporting by Manoj Dharra; Editing by Prateek Chatterjee)

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