Wipro Q3 Dividend: IT services company Wipro on Friday announced an interim dividend of Rs 6 per share, taking the total payout for the year to about $1.3 billion, according to the company. The company has
fixed January 27 as the record date. The payment will be made on or before February 14.
The IT major reported a mixed performance for the third quarter of FY26, with profitability declining both sequentially and year-on-year, even as revenues posted modest growth amid a cautious demand environment.
Wipro recorded a consolidated net profit of Rs 3,119 crore for the quarter ended December 31, 2025, down 4 per cent quarter-on-quarter and 7 per cent year-on-year. The company said earnings were weighed down by cost pressures, including expenses related to labour code adjustments. “Adjusted for the impact of labour code changes, net income for the quarter was Rs 3,360 crore, reflecting a 3.6 per cent QoQ increase and a 0.3 per cent YoY rise,” Wipro said in its press release.
Revenue from the IT services business came in at Rs 23,378 crore, marginally below Street estimates. On a sequential basis, IT services revenue grew 3.3 per cent, while in constant currency terms it rose 1.4 per cent quarter-on-quarter but declined 1.2 per cent year-on-year.
Operating performance was mixed. IT services EBIT stood at Rs 3,573.5 crore, below expectations, with reported EBIT margin slipping to 15.3 per cent from 16.7 per cent in the previous quarter. On a QoQ basis, EBIT declined 5.5 per cent. However, under IFRS, the company reported an IT services operating margin of 17.6 per cent, marking a sequential expansion of 90 basis points and a marginal year-on-year improvement, supported by execution discipline and cost optimisation.
Deal momentum remained healthy, with total deal bookings of $3.3 billion, including $0.9 billion in large deals. Operating cash flow was strong at Rs 4,259 crore, equivalent to 135.4 per cent of net income, highlighting robust cash generation.
For the March quarter, Wipro guided for IT services revenue in the range of $2.64 billion to $2.69 billion, indicating sequential growth of 0 to 2 per cent in constant currency terms.
