Wipro Share Price Surge Over 6% After Strong Q3 FY25 Earnings

Wipro share price is currently trading at ₹301.25, up by ₹19.30 (6.85%) as of 10:37 AM on January 20. The stock opened at ₹302.00, reached a high of ₹305.40, and a low of ₹296.95. 

Wipro Reports 24.48% YoY Growth in Q3 FY25 Net Profit

Wipro posted a 24.48% year-on-year increase in consolidated net profit for the December 2024 quarter, reaching ₹3,353.8 crore, up from ₹2,694.2 crore in the same quarter last year. The company’s revenue rose by 0.51% to ₹22,318.8 crore in Q3 FY25, compared to ₹22,205.1 crore in Q3 FY24.

Large Deal Bookings and Margin Growth

Wipro secured large deal bookings worth $961 million, marking a 6% increase in constant currency terms compared to the previous year. The company’s IT services operating margin rose by 1.5% year-on-year to 17.5%, the highest in three years.

Strong Execution Despite Seasonally Weak Quarter

Wipro’s CEO, Srini Pallia, emphasised strong performance despite the seasonally weaker quarter. The company closed 17 large deals valued at $1 billion, continuing to invest in talent and focusing on leading clients through an AI-driven future.

Interim Dividend

Wipro declared an interim dividend of ₹6 per equity share. The company also announced a revised capital allocation policy, committing to a 70% or higher payout over a 3-year period. 

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