Wipro Q3 results: Profit slides 7%, ₹6 interim dividend declared as labour-code hit dents earnings
Wipro’s Q3 net profit dropped 7% year-on-year to ₹3,119 crore, hit by a one-time labour code charge, while revenue rose to ₹23,556 crore. The board declared a ₹6 interim dividend per share, record date Jan. 27. IT services revenue guidance for Q4 implies flat to 2% sequential growth. Shares closed up 2.73% at ₹267.25.