Wipro Ltd India’s No. 3 software firm, posted a 31 percent rise in quarterly profit, beating consensus estimates, on firm global demand for outsourcing services. Wipro, which develops software applications, integrates IT systems and manages call centres, said net profit for the June quarter rose to 13.19 billion rupees ($280 million) under international accounting standards from 10.10 billion a year ago.

Close on the heels of announcing salary hikes, the country’s third-largest IT services exporter, Wipro Technologies, is likely to go ahead with promotions in April. And expectations are that the promotions this year would be much more broad-based unlike those in 2009.

An internal e-mail to employees by Wipro’s joint CEOs, said: “We had announced during Wipro Meet (a town hall event) that we will have salary increases in February and this is already under way and we hope this has brought a measure of good cheer. There are more changes coming our way in the near future and these include a progression cycle after the completion of the annual appraisal cycle.”

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