Wipro reports 24.4% increase in Q3 profit, announces Rs 6 dividend and new capital allocation policy

Wipro's consolidated net profit for the December quarter rose by 24.4% to Rs 3,354 crore, with operational revenue reaching Rs 22,319 crore. The IT firm announced an interim dividend of Rs 6 per share and raised its capital allocation policy payout ratio to 70%.

Wipro reports 24.4% increase in Q3 profit, announces Rs 6 dividend and new capital allocation policy
Wipro's consolidated net profit for the December quarter rose by 24.4% to Rs 3,354 crore, with operational revenue reaching Rs 22,319 crore. The IT firm announced an interim dividend of Rs 6 per share and raised its capital allocation policy payout ratio to 70%.