Wipro reported better-than-expected Q4FY24 results, which beat our profitability estimates, although revenue came in largely in line.Revenue of INR 2,22,083 Mn (flat QoQ), growth driven by America 2 (+1.8% QoQ), sale of IT products (+44.0% QoQ) but this growth was offset by America 1 (- 2.0% QoQ) and APMEA (-1.7% QoQ).