Wipro Surpasses Q3 Financial Estimates with ₹223.19 Billion Revenue, ₹33.54 Billion Profit; Declares ₹6 Per Share Dividend to Reward Shareholders

Wipro Limited, India's fourth-largest IT services company, reported its financial results for the third quarter ending December 31, 2024. The company achieved consolidated revenue from operations of ₹223.19 billion, slightly surpassing the IBES estimate of ₹222.28 billion. Net profit stood at ₹33.54 billion, exceeding the projected ₹30.71 billion. In recognition of this performance, Wipro declared a dividend of ₹6 per share. The robust results are attributed to positive momentum in the banking, financial services, and insurance (BFSI) verticals, as well as growth in the Americas region. These achievements underscore Wipro's strategic focus and operational excellence in the competitive IT services sector.

Source: Reuters