Wipro Q3 Results: Profit falls 7% YoY to Rs 3,119 crore; co declares dividend of Rs 6 per share

IT services company Wipro on Friday reported a 7% year-on-year (YoY) decline in its consolidated net profit at Rs 3,119 crore in the third quarter. Revenue from operations in the same period increased 6% YoY to Rs 23,556 crore.

The company’s board approved an interim dividend of Rs 6 per share and fixed January 27 as the record date. The payment will be made on or before February 14.

Adjusted for the impact of labour code changes, net income stood at Rs 3,360 crore, up 3.6% sequentially and 0.3% YoY.