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Wipro Q3 profit grows 21% YoY to Rs 2,968 crore, margins expand 243 bps QoQ

The company declared dividend of Rs 1 per share

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Wipro

SI Reporter New Delhi
Bengaluru-based IT firm Wipro on Wednesday clocked a 20.85 per cent year-on-year (YoY) growth in net profit at Rs 2,968 crore for the December quarter of FY21 (Q3FY21). It had reported a profit of Rs 2,455.9 crore in the same quarter last year. Sequentially, PAT rose 20.37 per cent relative to Rs 2,465.7 crore posted in Q2FY21.

Its revenue came in at Rs 15,670 crore, up 1.28 per cent from Rs 15,470.5 crore logged in Q3FY20. On a quarterly basis, the income improved 3.67 per cent.

The IT services revenue came in at Rs 15,333.1 crore. In dollar