MUMBAI, India (AP) — Wipro reported September quarter profit of 16.1 billion rupees ($300.6 million) Friday, an increase of 24 percent in rupee terms, as customers in Europe turned to outsourcing to cut costs and growth begins to return to the U.S.

Profit was better than expected, though revenue came in slightly below expectations, at 106.6 billion rupees ($2.0 billion).

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