Wipro Q3 results: Profit slides 7%, ₹6 interim dividend declared as labour-code hit dents earnings
Wipro on Friday reported a 7% fall in third-quarter profit and declared an interim dividend of 6 rupees a share, as a one-time labour code charge weighed on earnings. The Bengaluru-based IT services firm forecast flat to 2% sequential growth in core IT services revenue for the March quarter. https://www.wipro.com/content/dam/nexus/en/investor/quarterly-results/2025-2026/q3fy26/press-release-q3fy26.pdf The numbers land in the middle of India’s earnings season, with investors scanning for signs that demand is holding up as clients trim non-essential technology work. Several companies have also started booking one-off costs tied to India’s new labour codes, making profit comparisons messier. https://www.reuters.com/world/india/indias-wipro-beats-third-quarter-revenue-view-2026-01-16/
