Wipro Q3 net profit flat at Rs 2,969 cr, declares interim dividend of Re 1

IT major Wipro Ltd on Wednesday reported nearly flat consolidated net profit at Rs 2,969 crore for the quarter ending December 2021. It was Rs 2,968 crore in the year-ago period. 

Consolidated revenue from operations rose 30% to Rs 20,313 crore as against Rs 15,670 crore in year-ago period. Wipro

expects revenue from IT services to be in range of $2,692 million-$2,745 million for March quarter, a sequential growth of 2-4%.

For the December 2021 quarter, IT services revenue grew 2.3% sequentially to $2,639.7 million, in line with the forecast that had been given by the company in October.

In October, Wipro had said