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Wipro Q3 Profit Falls 3% to Rs 2,463 Crore; Declares Dividend

On Tuesday, Wipro Ltd reported a 3.20 percent year-on-year decrease in consolidated profit for the December-ended quarter at Rs 2,462.90 crore.

The IT company’s total revenue rose by 2.73 percent to Rs 15,470.50 crore from Rs 15,059.50 crore in the same period of the previous year.

Its revenue from IT services rose by 2.97 percent to Rs 15,100.60 crore. In constant currency terms, it was 1.8 percent higher from the previous quarter and 3.3 percent higher from the same period of the previous year at $2,094.8.

The company declared an interim dividend of Rs 1 per share.

Shares of Wipro Ltd closed 0.47 percent higher at Rs 256 apiece ahead of the results.

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