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Wipro Q3 net jumps 30% YoY to Rs 2,510 cr, announces 1:3 bonus issue

The company also announced one bonus shares for every three held.

Abidali Neemuchwala, CEO of Wipro. Photo: PTI
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Abidali Neemuchwala, CEO of Wipro. Photo: PTI

SI Reporter New Delhi
IT services firm Wipro on Friday reported a 30 per cent YoY jump in its net profit at Rs 2,510.4 crore for October-December quarter of FY19. The company had posted PAT of Rs 1,931 crore in the year-ago quarter.

On sequential basis, the figures grew around 33 per cent. 

The company also announced one bonus shares for every three held. The company's board also declared an interim dividend of nearly Re 1 (US$ 0.01) per equity share and ADR (50% on an equity share of par value on 2).