Wipro Climbs: WIPR.NS Rises 3.6% On Dividend Buzz And Steady Q3 Momentum

Wipro’s latest move to reward shareholders with a rich interim dividend has put the stock in the spotlight, with traders positioning ahead of the record date and longer-term investors reassessing its earnings and cash-return potential. The market is weighing modest profit pressure against healthy revenue growth, strong bookings, and disciplined capital allocation.

Key highlights

• Stock trades ex-dividend for an interim dividend of ₹6 per share, equivalent to 300% of face value, with record date set around 27 January 2026.
• Q3 FY26 consolidated revenue rose to about ₹23,556 crore from ₹22,319 crore, a year-on-year increase of roughly 5.5%.
• Net profit for Q3 FY26 came in near ₹3,119 crore, down about 7% versus the previous year as furloughs and acquisition-related costs weighed on earnings.
• IT services revenue grew around 1.4% sequentially in constant currency, supported by traction in healthcare, consumer, BFSI, and key European markets.
• ​Operating margin stood at roughly 17.6%, improving about 40 basis points sequentially and 10 basis points year-on-year, marking one of Wipro’s best margin prints in seven quarters.
• ​Management highlighted a solid large-deal pipeline and guided for 0–2% sequential IT services revenue growth in Q4 FY26, indicating a cautiously optimistic outlook.

Sources: The Economic Times, Share.Market, Choice India, SRE, Univest, Wipro Q3 FY26 earnings transcript, Moneycontrol, ET Markets live blog.