Wipro Q3FY24 result: Net profit falls 11% to Rs 2,694 cr, dividend declared

IT major Wipro on Friday reported an 11 per cent fall in its net profit in the quarter that ended on December 31, 2023, to Rs 2,694.2 crore from Rs 3,052.9 crore in the same quarter in the previous period.

The net profit was, however, higher compared to the previous quarter when it was Rs 2,646.3 crore.

“In a seasonally soft quarter, deal booking momentum remained strong. Our large deals recorded a 20 per cent year-to-date growth,” said Thierry Delaporte, chief executive officer and managing director at Wipro.