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BANGALORE - Wipro Ltd, India's third-largest software services exporter, will be able to sustain its operating margins in the near term as the business environment improves, a top executive said.

MUMBAI  - Wipro, India's No. 3 software services exporter, said on Thursday it had agreed to buy some personal care businesses of Yardley for about $45.5 million, adding to its consumer goods business.

Wipro has announced its second quarter FY10 results. Its Q2 net profit jumped 14.4% to Rs 1,161.7 crore as against Rs 1,015.5 crore, on quarter-on-quarter basis (QoQ).

Revenues increased 10.35% to Rs 6,940.2 crore versus Rs 6,289.1 crore, (QoQ). Consolidated global IT revenues came in at $1.06 billion. IT services operating margin improved to 23.6% versus 21%, (QoQ).