The Wipro board on Friday said that the interim dividend of Rs 1 and Rs 5 were declared by the Board at its meetings held on January 14th and March 25th, 2022
shall be considered as the final dividend for the financial year 2021-22. This comes on the heels of its peers TCS, Infosys, HCL Tech also declared their respective final dividends along with the March-end quarter results.
Wipro reported a 4 per cent sequential rise in its consolidated net profit to Rs 3,087.3 crore for the quarter ended March, which was in-line with analysts’ expectations. The Bengaluru-based company’s consolidated revenue from operations rose merely 0.3 per cent on-quarter to Rs 20,860.7 crore for the reported quarter.
Revenue from operation during the said quarter was at Rs 20,860 crore, up 28.40 per cent from Rs 16,245.4 crore in the year-ago quarter. In dollar terms, IT Services segment revenue was at $2,721.7 million, an increase of 3.1 per cent QoQ and 26.4 per cent YoY. Constant currency IT services segment revenue increased by 3.1 per cent QoQ and 28.5 per cent YoY.
“We have had an outstanding year, finishing with $10.4 billion in revenues, and an industry-leading growth of 27 per cent year on year. This is our sixth straight quarter of strong revenue growth at or over 3 per cent ,” Thierry Delaporte, chief executive officer and managing director said in a statement.