Wipro's Q3 Results: Net Profit Surges 24% YoY; Analysts Offer Mixed Recommendations

In the third quarter of FY2025, Wipro reported a consolidated net profit of ₹3,354 crore, marking a 24% year-on-year increase. Revenue from operations rose marginally by 0.5% to ₹22,319 crore. The company declared an interim dividend of ₹6 per share, with a record date set for January 28, 2025.

Despite the robust profit growth, Wipro's guidance for the March quarter indicates a revenue growth range of -1% to 1%, reflecting cautious optimism amid global economic uncertainties.

Conversely, data from Stock Analysis indicates a 'Sell' rating from some analysts, suggesting potential underperformance relative to the market.

Given the mixed analyst perspectives and Wipro's modest revenue growth forecast, investors should carefully assess their risk tolerance and investment objectives before making decisions regarding Wipro's stock.

Source: Economic Times, Reuters, Market Watch