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Wipro ADR jumped almost 17 per cent after the company declared quarterly results for the quarter ending December 2023.Wipro ADR traded at $6.28, up 16.95 per cent on Friday.Gross revenue reached Rs 222.1 billion, a decrease of 1.4 per cent QoQ. ...

India Business News: BENGALURU: The IT services winter shows no signs of abating.

Wipro Q3 Results: Wipro reported disappointing Q3 results, with a decline in net profit and revenue. The companys consolidated net profit decreased by nearly 12% YoY to Rs 2,694 crore, while the consolidated revenue dropped 4.4% to Rs 22,205 crore. The board recommended an interim dividend of Re 1 per share. For the nine months ended December, Wipros consolidated revenue rose by only 0.4% to Rs 67,552 crore, while the net profit declined by nearly 1% to Rs 8,211 crore. Wipro expects revenue from...

Wipro announced an interim dividend of Re 1 per share. The IT major set January 24, as the record date for the same. Wipro said it will pay the of interim dividend on or before February 10, 2024.

(This story has not been edited by THE WEEK and is auto-generated from a PTI

The companys IT Services segment revenue dropped 4.5 percent on a year-over-year basis to Rs 22,150.8 crore during the reported quarter from Rs 23,196 crore during the same period of 2022.

India Business News: Net profit declined to Rs 2,694 crore, while consolidated revenue dropped to Rs 22,205 crore. Re 1 per share interim dividend announced. Q4 revenue ex

Software major Wipro Ltd closed the third quarter of FY24 with a lower net profit of about Rs 2,700 crore on a lower revenue.According to the official statement issued on Friday on results for the Quarter ended December 31, 2023, the gross ...

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The company posted a profit of Rs 3,052.9 crore in the year-ago period