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

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.

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.

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.

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,

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 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.

Bengaluru-based IT services major Wipro posted a net profit of Rs 3,350 crore for the third quarter of FY25, up 24.5 per cent from a year ago. Profit was up 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,