Wipro’s IT services reported revenue of $2,657.4 million, down 0.3% q-o-q and 6.6% y-o-y, in constantcurrency (CC) terms, in line with our estimate of $2,647.4 million. In rupee terms, IT services revenue stood at Rs. 22,079.6 crore, down 0.3% q-o-q/4.2% y-o-y.