Wipro Ltd posts Rs. 3,053 cr consolidated profit in Q3FY23

Wipro Ltd has reported consolidated financial results for the period ending December 31, 2022.

Declare a dividend of ₹1.

Financial Results (Q3 FY2023) – QoQ Comparison

FinancialsQ3 FY2023Q2 FY2023% Change
Total Income₹23,229 crs₹22,539 crsUp Tick / Down Tick3.06%
Net Profit₹3,053 crs₹3,487 crsUp Tick / Down Tick12.45%
EPS4.404.16Up Tick / Down Tick5.77%

Financial Results (Q3 FY2023) – YoY Comparison

FinancialsQ3 FY2023Q3 FY2022% Change
Total Income₹23,229 crs₹20,314 crsUp Tick / Down Tick14.35%
Net Profit₹3,053 crs₹2,969 crsUp Tick / Down Tick2.83%
EPS4.404.50Up Tick / Down Tick-2.20%

MANAGEMENT SPEAK

  • The pipeline of deals is strong, diverse, and broad-based.
  • Deal bookings were led by cloud and engineering solutions
  • Have expanded market share apart from deepening relations with clients $4.
  • Tech spending continues to be robust.
  • Cloud adoption remains a priority for clients.
  • Investments made in changing business texture are paying off Thierry Dela Porte.
-Thierry Delaporte, CEO, Wipro

Share Price

Wipro Ltd is currently 40% down this year.

Share of Wipro closed today at ₹395.50 with a loss of 0.15% as compared to the previous closing of ₹394.50.

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