IT major Wipro on Friday posted a consolidated net profit of Rs 2,694 crore for the December 2023 quarter (Q3 FY24), nearly 12 per cent decline as against last year. Its consolidated revenue during October-December 2023 declined 4.4 per cent to Rs 22,205 crore. The company has also declared an interim dividend of Rs 1 per equity share.
“Payment of interim dividend of Rs 1 per equity share of par value Rs 2 each to the members of the company as on January 24, 2024, being the record date. The payment of interim dividend will be made on or before February 10, 2024,” Wipro said in a BSE filing.
The company’s IT Services segment revenue dropped 4.5 per cent 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.
Wipro said that it expects revenue from the IT Services business segment to be in the range of USD 2,615 million (around Rs 21,845 crore) to USD 2,669 million (about Rs 22,296 crore) in March 2024 quarter.
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