Revenue increased by 0.51% YoY & profit increased by 24.48% YoY, profit at ₹3353.8 crore and revenue at ₹22318.8 crore.

IT services company Wipro on Friday reported a 24.4% year-on-year rise in its consolidated net profit for the just-ended December quarter at about ₹ 3,354 crore. The Bengaluru-based tech major saw its revenue from operations inch up by 0.

Results: The board has announced an interim dividend of ₹6 per share, with January 28 set as the record date. Payment will be made on or before February 15. On a sequential basis, profit after tax (PAT) was up nearly 5% and the revenue increased just 0.

Wipro , India's fourth-largest IT services company, reported higher-than-expected third-quarter revenue on Friday, helped by positive momentum in its banking, financial services, and insurance (BFSI) vertical and in the Americas geography.

Bengaluru-based IT services major Wipro posted a net profit of Rs 3,350 crore for the third quarter of the current financial year (Q3FY25), up 24.5 per cent from a year ago and 4.5 per cent quarter-on-quarter (Q-o-Q).

Wipro Ltd's Q3 net profit rose about 4.5 percent quarter-on-quarter to Rs 3,354 crore, beating Street estimates. Revenue was flat at Rs 22,319 crore for the fiscal third quarter. A Moneycontrol poll of nine brokerages estimated Wipro's Q3 consolidated net profit to shrink 5 percent quarter-on-quarter to Rs 3,

Wipro reported a strong Q3 FY25, exceeding expectations with a 24.4% rise in net profit. The IT services company sees cautious optimism and returning discretionary spending in 2025.

However, revenue remained subdued due to furloughs and seasonal weakness meeting its guidance, rising marginally by 0.1% YoY to Rs 22,318 crore from Rs 22,205 crore in December quarter 2023-24.

Wipro's revenue dropped 0.7% year-on-year in the Dec quarter but met its guidance, with a forecasted growth of -2% to 0% for the next quarter. The company reported a positive outlook with increasing AI spending,