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Wipro reported a 12 % year-on-year (YoY) decline in internet profit at Rs 2,694 crore for the third quarter of the present monetary 12 months. This marks the fourth consecutive quarter through which the corporate has reported a fall in earnings YoY.
The consolidated revenue of the corporate stood at Rs 22,205 crore, a 4.40 % YoY lower. Shares of Wipro ended Friday’s buying and selling session at Rs 466, practically 4 per cent greater than the earlier shut of Rs 448.20 on the NSE.
The firm additionally declared an interim dividend of Rs 1 an fairness share.
“Payment of an interim dividend of Rs 1 per equity share of par value of Rs 2 each to the members of the company as on January 24, 2024, being the record date. The payment of interim dividend will be made on or before February 10, 2024,” it stated in an alternate submitting.
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